The Mortgage Business Conveyancing Panel Information

The Council of Mortgage Lenders do not retain historic copies of P2 conditions Pre January 2011. We would recommend you make a request of The Mortgage Business directly.

The CML, along with The Mortgage Business and other stakeholders created a standard set of requirements where a solicitor is representing a lender such as The Mortgage Business alone in a residential conveyancing transaction. These requirements are contained at Part 3 of the UK Finance Lenders’ Handbook and are to be followed together with Part I and II. The CML have published an example requirements letter to the borrower’s conveyancing solicitor 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 lawyer.

The requirements to join the The Mortgage Business conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.

Most lenders do not operate a specific buy to let conveyancing panel but we are hearing about a few that do. We do not know what the position is with The Mortgage Business as at todays date. If you're about to receive instructions from a client on a buy to let purchase with a mortgage from The Mortgage Business we suggest that you call The Mortgage Business to check the position.

Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for The Mortgage Business solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You need to communicate with The Mortgage Business to obtain standard documents. The CML Handbook contains an individual section for banks to reveal who to contact to obtain standard documents. The Mortgage Business in their Part 2’s state: It helps to quote your The Mortgage Business solicitors panel reference.