Accord Mortgages is one of the firm’s most important clients for conveyancing work.
Can you be sure that you are adhering to the instructions as a practice on the Accord Mortgages conveyancing panel?
Lexsure is the only company offering a full lender panel compliance audit for your conveyancing files where Accord Mortgages are the the mortgagor.
Our comprehensive database of Accord Mortgages Handbook instructions gives us the ability to examine a law firms’ conveyancing files whilst on the Accord Mortgages conveyancing panel retrospectively and in the same vein as Accord Mortgages would.
Our panel of expert assessors impartially review utilising propriety templates and Lender obligation archives whether each conveyancing matter breached the requirements at the point that the CoT was submitted.
For conveyancing firms where their search provider is not offering the service, our costs is £1,975+VAT. We will review 6 remortgage or purchase files involving Accord Mortgages, which we can stratify by tenure (e.g. leasehold) date or other variables.
At the end of the audit, Lexsure will prepare a detailed compliance profile for your files with Accord Mortgages and a baseline risk summary. We will also follow-up with you to go through our expert findings and recommendations in a formal interview. Audit follow-up can be scheduled. Lexsure will contact the head of department to request the status of actions taken. A maximum of one lender conveyancing panel audits may be commissioned by a practice per annum.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables you to choose the date, time and location of a Accord Mortgages conveyancing panel compliance audit. The system is available 24/7, which eliminates most instances where you have to wait for business hours to contact Lexsure to schedule or reschedule a Accord Mortgages panel compliance review. Please note that before accepting a Accord Mortgages conveyancing panel compliance review we have to conduct a conflict check. It is not always possible for Lexsure to agree to a Accord Mortgages panel Part 2 compliance file audit
Where commissioned by your firm Lexsure has no duty to report breaches to Accord Mortgages and we will ensure the results of your audit are completely confidential.