Accord Mortgages Conveyancing Panel Information

We are not aware of any intention on the part of the CML to develop such a search facility.

During 2013, 71 sections of the UK Finance Lenders’ Handbook P2 were changed by Accord Mortgages. Some changes are more important than others but as a firm on the Accord Mortgages conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.

Remember: CML requirements are not guidelines; they are the lender client’s instructions.

With banks and conveyancers working so closely with one another it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Accord Mortgages conveyancing panel but for all mortgage panel listings

In this situation please explain on the application what steps you have taken to discover the reasons behind cancellation of your Accord Mortgages panel membership. In particular please provide details if you have received communications from the lender. E.G. before termination of your panel membership did you receive any letters or calls from the lender informing you as to why they reached this decision?

You should contact Accord Mortgages to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an explicit section for lenders to set out who to contact to obtain standard documents. Accord Mortgages in their Part 2’s state: It is likely that you will need to disclose your Accord Mortgages conveyancing panel reference.