Together Personal Finance Conveyancing Panel Information

No such training is arranged by the CML however they do provided a number of useful conveyancing related conferences which are attended by firms on the Together Personal Finance conveyancing panel. We do intend to run specific lender focused seminars in the near future including a webinar on Together Personal Finance’s Part 2 requirements. Law firms on the Together Personal Finance conveyancing panel are welcome. Information about the webinar will be made available as part of the LENDERmonitor P2 change Notifications.

We only know of a couple of lenders that operate a distinct conveyancing panel where the mortgage advance is over a certain threshold. You should nevertheless check directly with Together Personal Finance. 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 Together Personal Finance

Each lender has different criteria. We do not hold specific requirements relating to the questions raised as part of the application to be on the Together Personal Finance conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):

Firm name, address and contact details including all branches (including evidence of existence through risk-based physical visits and Google Streetview checks)

Automated alerting to inform lenders when there is a fundamental change to the firm (e.g. change of name)

Whether any lender has ever made a claim against the firm’s PII cover

Number of lender conveyancing panels the firm is currently on

Summary of annual accounts

List of all solicitors within firm

Full career history for each licensed conveyancer including registration date with Council of Licensed Conveyancers

Full complaints history for each licensed conveyancer

Details of any accreditation e.g. Lexcel or

Whether the firm has ever applied for accreditation and the outcome of the application

In the circumstances please clarify on the application what action you have taken to find out the reasons behind cancellation of your Together Personal Finance panel membership. 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 putting you on notice?

You would be advised to contact Together Personal Finance to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an explicit section for banks to enumerate who to contact to obtain standard documents. Together Personal Finance in their Part 2’s state: It helps to quote the firm’s Together Personal Finance conveyancing panel reference.