The Mortgage Lender Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by The Mortgage Lender and to assist in remaining on the The Mortgage Lender Conveyancing Panel.

The Mortgage Lender Solicitor Panel: Recently Asked Questions

Are the CML planning on creating a online directory search tool with a view to to identify solicitors on the The Mortgage Lender conveyancing panel?
We are not aware of any intention on the part of the CML to develop such a search facility.

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Are the Council of Licensed Conveyancers taking any action to protect licensed conveyancers from being removed from lender panels?
As is the case with the Law Society the Council of Licensed Conveyancers has initiated discussions with banks and their representative bodies to see whether and how the risks that lenders wish to mitigate could be addressed through the regulatory framework rather than via ad hoc arrangements that can differ from lender to lender. We expect that that the CLC have been in touch with lenders such as The Mortgage Lender in recent years.
Do I risk of removal off the The Mortgage Lender conveyancing panel if I have not sent the deeds on a purchase within a certain period of completion?
One might ordinarily expect The Mortgage Lender via their Part Two conditions to address this but the Handbook is silent on deadlines to send deeds. You need to look at the Terms of The Mortgage Lender’s Conveyancing Panel Appointment that you previously signed. For a number of banks these Terms include a clause such as: ‘To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds’ It is imperative to keep The Mortgage Lender updated. Law firms can often compound their problems by not communicating with the lender when there is a delay or problem.
As the nominated COLP for my firm are there regulatory implications that I should be considering if my firm is removed off the The Mortgage Lender conveyancing panel?
What you should do largely depends on the reason that your firm has been removed off the The Mortgage Lender conveyancing panel. The top 3 reasons are as follows:
  1. lack of transactions
  2. the lawyer is a sole practitioner
  3. as part of the HSBC panel reduction.
In these three circumstances it is unlikely that you would expected to take any action. Disclosure and other compliance considerations are more likely to be relevant if the reason for removal is due to breaches of lender requirements or allegations of fraud or negligence. Whether the reasoning should trigger a disclosable 'material' breach will depend on the firm and the circumstances around possible failures to comply with the SRA Authorisation Rules, and the SRA will judge each case on its own merits. Factors such as the detriment or risk of detriment to clients, the scale of the issue and overall impact on the firm will need to be considered in deciding whether a failure is 'material'. As the COLP you will need systems to identify patterns of breaches. Even if you don't consider there to be regulatory implications the firms COFA should give some thought to whether she/he needs to take any action as result of being removed from the The Mortgage Lender conveyancing panel.
my firm’s membership of the The Mortgage Lender conveyancing panel was suspended but was reinstated on appeal, do I need to include this information on my CQS application?
We would recommend that you provide 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 firm’s application but gives the Law Society viability as to what has happened.
Our practice is on the The Mortgage Lender conveyancing panel and due to complete a purchase within the next week. I can not locate a Mortgage Deed for the client to execute. Who do I contact at The Mortgage Lender to obtain duplicate documents?
You should communicate with The Mortgage Lender to obtain standard documents. The CML Handbook includes an individual section for banks to cite who to contact to obtain standard documents. The Mortgage Lender in their Part 2’s state:
Please remember to quote the firm’s The Mortgage Lender solicitors panel reference.

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Average number of days to register title including a charge in favour of The Mortgage Lender
This information relates to purchase only and not remortgages.
YearDays*
2024 [no data]
2023 [no data]
2022 [no data]
2021 [no data]
2020 [no data]
2019 [no data]
* Data aggregated from sources including COMPLETIONmonitor