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The Mortgage Works Solicitor Panel: Recently Asked Questions
Why are Estate Agents using search tools to check if lawyers are on a lenders conveyancing panel?
The fact of the matter is that estate agents are feeling the pain if their clients start out on the conveyancing process having appointed a conveyancer who is not on the panel with the purchaser’s chosen lender. Many
conveyancing firms are only discovering when they begin working on a
case that they are no longer able to work with that lender. Given
the inevitable resultant delays in the transaction the chances of an
abortive deal increases dramatically. in the circumstances there is
understandable anguish on the part of the estate agent as a result of
the lost time should the client have to change lawyers.
What sort of information are Lenders such as
The Mortgage Works are asking for when it comes to applying to be on their approved solicitor list?
Although not necessarily published, lenders have varying criteria .
We do not hold specific requirements relating to the questions raised as part of the application to be on the
The Mortgage Works conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
Whether the firm has ever applied for accreditation and the outcome of the application
The percentage of the firm’s business which is conveyancing (broken down into sale
Number of lender conveyancing panels the firm is currently on
Charge registration history
Areas of Law covered by the firm
SRA or equivalent regulator registration number where applicable
Automated alerting to inform lenders when there is a fundamental change to the firm (e.g. change of name)
List of fee-earners who are foreign qualified
Summary of annual accounts
Whether any lender has ever made a claim against the firm’s PII cover
My conveyancing assistant has left my firm unexpectedly.
I urgently need to prioritise making sure that charges are registered. That said, how quickly do I need to send deeds to
The Mortgage Works once the charge is registered before my firm runs the risk of being suspended off the conveyancing panel for The Mortgage Works?
The Mortgage Works will likely expect the deeds to be sent to them within 10 days of you receiving the TID (unless their specific P2 requirements specifically state that they you are not to send them anything). Most COTs refer to complying with the Certificate of Title referred to in IB (3.7) of the SRA Code of Conduct 2011, published by the Law Society which states that you ‘will despatch to you such deeds and documents relating to the Property as you require with a list of them in the form prescribed by you within ten working days of receipt by us of the title information document from the Land Registry’ As to whether the lender will suspend your panel status this very much varies according to the lender’s own internal policies The more cases you have the more risk you face. Some lenders may take action if there records show that the deeds are outstanding for more than 3 matters. The fact is that if you keep within the time frame then you will have more chance of remaining on the
The Mortgage Works conveyancing panel.
Do publish figures exists disclosing the
The Mortgage Works conveyancing panel size as well as the number of conveyancing firms dismissed each year?
With lenders and conveyancers working so closely together 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 Works conveyancing panel but for all lender panel listings
Does Conveyancing Quality Scheme acceptance secure my firm’s acceptance on to lenders conveyancing panels?
The Law Society’s CQS membership is no guarantee to lender panel acceptance. Nevertheless the Council of Mortgage Lenders have indicated that it is likely to become a prerequisite for firms wishing to remain on their approved list of firms. Some mortgage companies now use the scheme as the starting point for Panel acceptance such as Astra Mortgages.
Our practice is on the
The Mortgage Works
conveyancing panel and scheduled to complete a purchase within the next week. I dont have a Mortgage Deed for the client to execute.
Who do I contact at The Mortgage Works to obtain duplicate documents?
You need to contact The Mortgage Works
to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an explicit inquiry for banks to establish who to contact to obtain standard documents.
The Mortgage Works in their Part 2’s state:
Please remember to quote your The Mortgage Works conveyancing panel number.
Find a Lawyer on the The Mortgage Works Solicitor Panel
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Average number of days to register title including a charge in favour of The Mortgage Works
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
Other related topics:
- CQS policy templates and procedures for accredited The Mortgage Works Firms
- Draft Report on Title precedent for The Mortgage Works borrowers
- Draft Anti Money Laundering PolicyTemplate for The Mortgage Works panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the The Mortgage Works lender panel
- Buy-to-Let help for The Mortgage Works
- Consent-to-Let help for The Mortgage Works
- Contractor Mortgages with The Mortgage Works
