Platform Conveyancing Panel Information

The criteria to join the Platform conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.

Many estate agents will be feeling the pain if their clients start out on the buying process using a conveyancer who is not on the panel with the purchaser’s chosen lender. Many conveyancing firms are only discovering when they begin working on a case that they are no longer able to work with that lender. Given the inevitable resultant delays in the transaction the chances of an abortive deal increases dramatically. in the circumstances there is understandable anguish on the part of the estate agent as a result of the lost time should the client have to change solicitors .

There are many reports available, five of which are as follows:

• Average time frame to register charges at the Land Registry
• Number of conveyancing cases by lender
• Analysis as to the nature of clients (e.g.existing/new/seen in person)
• Average mortgage advance
• Current and historic missed priority dates

You should supply details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your application but gives the Law Society a complete picture of what has occured.

You would be advised to contact Platform to obtain standard documents. The CML Handbook incorporates an individual question for lenders to set out who to contact to obtain standard documents. Platform in their Part 2’s state: Don’t forget to quote your Platform conveyancing panel number.