Looking for information about your firm's panel status?
Accord Mortgages Conveyancing Panel: Recently Asked Questions
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
There are thousands of firms across the UK who feel aggrieved claiming that they have been removed from lenders’ panels without an explanation or a good
reason. It is highly unlikely, given that lenders have distanced
themselves from creating a standardised appeals process for
brokers, that an appeals process will be introduced for
lawyers. Commenting on the call by brokers to have a standardised
process the CML said’ “While we understand that some lenders do have
an appeals process, it would not be appropriate for a trade body such
as the CML to seek to be prescriptive about such a process.” Some
lenders do of course set out an appeals policy. The Law Society does
have information on it’s site that may be of assistance. If you would
like to talk to one of our compliance experts about our Lender Panel
Protection Service please complete the form here.
A long standing client of my firm is buying a detached house for £750k in Leeds with a mortgage over GBP 500k.
I am on the
Accord Mortgages conveyancing panel but do Accord Mortgages have a separate approved panel when the advance is above 350k?
Lexsure only know of two or three lenders that operate a distinct conveyancing panel where the mortgage advance is over a certain amount.
You should nevertheless check directly with
Accord Mortgages. At one stage HSBC would only allow Sole
practitioners to act for them where the mortgage was below
£150,000. We are not sure if HSBC still operate such a condition. In
your case it is best to check with Accord Mortgages
What type of firms do building societies accept on their Conveyancing Panels?
In the same way that there is a unique Accord Mortgages
conveyancing panel most building societies, operate a conveyancing
panel for solicitors and other conveyancers that the lender will
instruct. Terms and Conditions and criteria for inclusion on a
building society conveyancing panel vary from lender-to-lender. Having
CQS accreditation may be a requirement. Institutional lenders, such
as a building society, is a client and is entitled to instruct the
solicitor or conveyancer of its choosing (who, in turn, is free to
accept or refuse instructions). Therefore, if lender and borrower
cannot agree which solicitor or conveyancer should represent them
jointly, they would usually proceed on a separate representation
basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook
Part 3s.
My practice have never been on the
Accord Mortgages conveyancing panel as well other lenders.
My clients, who have applied for a mortgage with Accord Mortgages wish use my firms conveyancing services even though I am not on the
Accord Mortgages panel. Is it fine for me to use a firm down the road to act for
Accord Mortgages on mortgage aspect of the conveyancing?
Please tread carefully here as what you are proposing may not be acceptable to the lender.
It is possible that you (as a non-panel firm) or the mortgage applicant are not at liberty instruct a panel firm of your choice. An increasing amount of lenders are making it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender will appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancing firm.
You also need to make the costs implications and potential for delay very clear to your client.
Do publish figures exists disclosing the
Accord Mortgages conveyancing panel size and the number of conveyancing firms dismissed each year?
With mortgage companies and property lawyers working so closely with one another it is surprising that there has not been greater demand 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
My firm has just been advised that it’s Accord Mortgages panel membership terminated but we have not yet been given an explanation yet.
I am completing a CQS application form what details should I report?
In the circumstances please clarify on the application what steps you have taken to find out the reasons behind cancellation of your
Accord Mortgages panel status.
In particular please provide details if you have received communications from the lender. E.G. before cessation of your panel membership did you receive any letters or calls from the lender informing you as to why they reached this decision?
Our practice is on the
Accord Mortgages
conveyancing panel and scheduled to complete a remortgage within the next few weeks. My file does not contain a Mortgage Deed for the client to execute.
Who do I contact at Accord Mortgages to obtain duplicate documents?
You should contact Accord Mortgages
to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates a specific inquiry for lenders to set out who to contact to obtain standard documents.
Accord Mortgages in their Part 2’s state:
Always remember to disclose the firm’s Accord Mortgages conveyancing panel number.
Find a Lawyer on the Accord Mortgages Solicitor Panel
powered by LenderPanel
Average number of days to register title including a charge in favour of Accord Mortgages
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | 53.0 |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Accord Mortgages Firms
- Draft Report on Title precedent for Accord Mortgages borrowers
- Draft Anti Money Laundering PolicyTemplate for Accord Mortgages panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Accord Mortgages lender panel
- Buy-to-Let help for Accord Mortgages
- Consent-to-Let help for Accord Mortgages
- Contractor Mortgages with Accord Mortgages
