Rooftop Mortgages Conveyancing Panel Information

This not something that the CML would traditionally get involved with although they do arrange a number of useful conveyancing related conferences which are attended by firms on the Rooftop Mortgages conveyancing panel. It is our intention to run specific lender focused seminars in the coming months including a webinar on Rooftop Mortgages’s Part 2 requirements. Practitioners on the Rooftop Mortgages conveyancing panel are welcome. Information about the webinar will be made available as part of the LENDERmonitor P2 change Notifications.

The CML, along with Rooftop Mortgages and other lenders created a standard set of instructions where a solicitor is acting for a lender such as Rooftop Mortgages alone in a residential conveyancing matter. These legal instructions are contained at Part III of the UK Finance Lenders’ Handbook and are to be followed in conjunction with Part I and II. The CML have published an example requirements letter to the borrower’s lawyer for use by the lender's conveyancer, and sets out to the borrower's conveyancer, the documentary and information requirements of the lender's panel conveyancer.

The concern here is if you are expect to enter into ‘more onerous’ conditions that than the Handbook obligations. You have to try and take an objective view as to whether the Terms relating to the Rooftop Mortgages conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the UK Finance Lenders’ Handbook Conditions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before moving forward on this question.

14 borrowers search for a property lawyer on the Rooftop Mortgages panel each month in Hendon. Please contact the team at lenderpanel.com to see how your firm can be identified by those searching for conveyancing in Hendon.

In this situation please explain on the application what action you have taken to find out the reasons behind cancellation of your Rooftop Mortgages panel membership. In particular please provide details if you have received communications from the lender. E.G. before revocation of your panel membership did you receive any letters or calls from the lender advising you as to their reasons?

You need to get in touch with Rooftop Mortgages to obtain standard documents. The CML Handbook incorporates a specific section for lenders to reveal who to contact to obtain standard documents. Rooftop Mortgages in their Part 2’s state: It is likely that you will need to quote your Rooftop Mortgages solicitors panel number.