Bradford & Bingley is in all likelihood, one of your most important clients for conveyancing work.
How certain are you that you are strictly following the requirements as a firm on the Bradford & Bingley conveyancing panel?
It’s not a bad idea to bring in your own external auditors who may conduct your CQS audits but Lexsure stand alone in being able to carry out a full lender panel compliance audit for your conveyancing files where Bradford & Bingley are the lender.
Our complete bank of Bradford & Bingley Handbook instructions enables us to examine a law firms’ conveyancing cases whilst on the Bradford & Bingley conveyancing panel retrospectively and in much the same way as Bradford & Bingley would.
Our panel of experienced assessors impartially review utilising propriety templates and Lender P2 archives whether each transaction breached the requirements at the point that the Certificate of Title was signed off.
For conveyancing firms where their search provider is not offering the service, our costs is £1,975+VAT. Our team tend to audit nine transaction files involving Bradford & Bingley, which we can stratify by tenure (e.g. leasehold) year of completion or other variables.
Once finished, we will prepare a detailed findings for your files with Bradford & Bingley and a baseline risk profile. We will also follow-up with you to go through our expert findings and recommendations in a formal interview. Audit follow-up will occur. Lexsure will contact the head of department to request the status of planned actions. A maximum of one lender conveyancing panel audits may be requested by a firm in a calendar year.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables you to choose the date, time and location of a Bradford & Bingley 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 rebook a Bradford & Bingley panel compliance review. Please note that before accepting a Bradford & Bingley conveyancing panel compliance file audit we have to conduct a conflict check. It is not always possible for Lexsure to agree to a Bradford & Bingley panel Part 2 compliance file audit