Kensington Mortgage Conveyancing Panel Information

The Council of Mortgage Lenders, along with Kensington Mortgage and other lenders developed a standard set of requirements where a conveyancer is representing a lender such as Kensington Mortgage alone in a residential conveyancing matter. These obligations are contained at Part III of the UK Finance Lenders’ Handbook and are to be read in conjunction with Sections One and Two. The CML have published an example requirements letter to the borrower’s lawyer for adaptation by the lender's conveyancer, and sets out to the borrower's conveyancer, the documentary and information requirements of the lender's panel solicitor.

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

For most lenders participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the Kensington Mortgage conveyancing panel to see if you are entitled to a reason.

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 Kensington Mortgage solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You should contact Kensington Mortgage to obtain standard documents. The CML Handbook has an individual inquiry for banks to reveal who to contact to obtain standard documents. Kensington Mortgage in their Part 2’s state: It helps to quote your Kensington Mortgage conveyancing panel reference.