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April Mortgages Conveyancing Panel: Recently Asked Questions
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
We have come across many solicitors who feel 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.
Do lenders such as
April Mortgages engage an independent conveyancing panel for buy to let mortgages?
The majority of 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
April Mortgages as at todays date. If you're about to receive instructions from a client on a buy to let purchase with a mortgage from
April Mortgages we suggest that you call
April Mortgages to check the position.
Where can I find the April Mortgages conveyancing panel requirements in connection with Transfer of Equity Conveyancing?
April Mortgages approved panel lawyers have to comply with the Part II instructions relating to Transfer of Equity. These are set out in Section 16.3. First, your firm must approve the form of Transfer of Equity (which should be in the Land Registry's standard form) and, if
April Mortgages require, the deed of covenant on their behalf. You will need to check
April Mortgages CML Part 2 conditions to see if
April Mortgages have standard forms of transfer and deed of covenant. Please note that this requirement can change from one transaction to another so do check! Second,When drafting or approving a transfer, you should bear in mind that: although the transfer should state that it is subject to the mortgage (identified by date and parties), it need give no details of the terms of the mortgage; the transfer need not state the amount of the mortgage debt. If it does, the figure should include both principal and interest at the date of completion, which you must check ; there should be no statement that all interest has been paid to date. Further obligations are set out in the UK Finance Lenders’ Handbook which have to be followed by all firms on the
April Mortgages conveyancing panel
My lawyers pass me the odd LENDERmonitor alert but I seldom see significant changes. For example, I am on the
April Mortgages conveyancing panel and receive a notification simply telling me a change of address. Does that matter?
It is important that you take note of such changes because sending a communication or deeds to the wrong address can cause delays that might not only affect your borrower client but also impact your chances of staying on the
April Mortgages conveyancing panel. Lets say that April Mortgages change their requirements as to where the post completion documents should be sent.
Do you change the details in your CMS? Is this recorded anywhere? Is this information passed on to secretaries and assistants? In your Certificate of Title to April Mortgages you are giving assurances that you will send the relevant documents within 10 days of receiving the TID. Leaving to one side whether you are technically breaching an undertaking in sending it to the wrong address, you run the risk of
April Mortgages suspending you off the panel because they are not receiving the deeds in accordance with the COT. It will not be a valid excuse to say that you sent it to an out of date postal address or DX details.
my firm’s membership of the
April Mortgages conveyancing panel was revoked but was reinstated on appeal, do I need to include these details on my application for CQS accreditation?
You should supply details of the date of removal, information on the reason for
removal, date of appeal and any reason given for reinstatement. This
should not negatively affect your firm’s application but gives the CQS team a complete picture of what has gone on.
Our practice is on the
April Mortgages
conveyancing panel and all set to complete a remortgage within the next few weeks. I dont have a Legal Charge for the client to sign.
Who do I contact at April Mortgages to get a duplicate Deed?
You need to communicate with April Mortgages
to obtain standard documents. The CML Handbook includes a specific question for lenders to set out who to contact to obtain standard documents.
April Mortgages in their Part 2’s state:
You will need to disclose your April Mortgages solicitors panel reference.
Find a Lawyer on the April Mortgages Conveyancing Panel
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Average number of days to register title including a charge in favour of April Mortgages
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
| 2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited April Mortgages Firms
- Draft Report on Title precedent for April Mortgages borrowers
- Draft Anti Money Laundering PolicyTemplate for April Mortgages panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the April Mortgages lender panel
- Buy-to-Let help for April Mortgages
- Consent-to-Let help for April Mortgages
- Contractor Mortgages with April Mortgages
