The Mortgage Business Conveyancing Panel Information

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

Looking for information about your firm's panel status?

How does my firm apply to be on the The Mortgage Business Solicitor Panel?

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How can my firm be reinstated onto the The Mortgage Business Solicitor Panel?

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The Mortgage Business Solicitor Panel: Recently Asked Questions

In my capacity as COLP for my firm are there regulatory implications that I should be considering if my firm is suspended off the The Mortgage Business solicitor panel?

What you should do largely depends on the reason that your firm has been removed off the The Mortgage Business conveyancing panel. The top 3 reasons are as follows:

lack of transactions
the lawyer is a sole practitioner
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 Business conveyancing panel.

My firm is on the The Mortgage Business conveyancing panel. I am dealing with The Mortgage Business mortgage on a purchase. My borrower client is asking not to disclose an issue to The Mortgage Business. What do I do in this conflict situation?

When a solicitor is acting for both The Mortgage Business and borrower there is potential for conflicts to arise. You owe duties to both clients. All information received by you from your client is confidential and cannot be disclosed without the client’s consent. In the situation you find yourself in if the purchaser will not consent to the information being passed on to the lender the solicitor must cease to act for the The Mortgage Business and it may well be prudent you to cease to act for the purchaser as well. You can not tell the The Mortgage Business the reason for termination of the retainer over and above the fact that a conflict has arisen. The fact that you can no longer act should alert even the most somnambulistic of lenders that something is wrong with the borrower and/or purchase. The fact that you have disinstructed yourself should not affect your The Mortgage Business conveyancing panel status.

I have been a sole practitioner for over 20 years never having had a negligence claim and have been refused acceptance on the The Mortgage Business conveyancing panel with no explanation. Am I not entitled to a reason?

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 The Mortgage Business conveyancing panel to see if you are entitled to a reason.

Are figures published disclosing the The Mortgage Business conveyancing panel size and the number of conveyancing firms removed from their panel each quarter?

With mortgage companies and conveyancing firms 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 The Mortgage Business conveyancing panel but for all mortgage panels

My partners and I run a small firm on the The Mortgage Business conveyancing panel. Do you have ideas as to how we can market our practice as conducting conveyancing in Hendon authorised to act forThe Mortgage Business?

11 people search for a property lawyer on the The Mortgage Business panel every 4 weeks in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be identified by those searching for conveyancing in Hendon.

Marsh’s PII renewal form enquires if my firm had been removed off any bank panels in the last year. I just discovered that the practice is no longer on the The Mortgage Business solicitor panel? Will that effect my PII premium?

The best placed professionals to answer this question are your insurance brokers. 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 The Mortgage Business solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

My firm is listed on the The Mortgage Business conveyancing panel and due to complete a purchase shortly. My file does not contain a Mortgage Deed for the client to sign. Who do I contact at The Mortgage Business to request substitute deeds?

You would be advised to communicate with The Mortgage Business to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual section for lenders to reveal who to contact to obtain standard documents. The Mortgage Business in their Part 2’s state:

Please remember to quote the firm’s The Mortgage Business solicitors panel number.

Find a Lawyer on the The Mortgage Business Solicitor Panel

Average number of days to register title including a charge in favour of The Mortgage Business

This information relates to purchase only and not remortgages.

Year	Days*
2025	[no data]
2024	[no data]
2023	[no data]
2022	[no data]
2021	[no data]
2020	[no data]

* Data aggregated from sources including COMPLETIONmonitor

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Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors