Danske Bank is in all likelihood, one of your most valued clients for conveyancing work.
How certain are you that you are complying with the instructions as a practice on the Danske Bank conveyancing panel?
You can ask one of your team to carry out an audit but Lexsure stand alone in being able to carry out a full lender panel compliance audit for your conveyancing files where Danske Bank are the the mortgagor.
Lexsure’s complete bank of Danske Bank Handbook instructions enables us to examine a law firms’ conveyancing files whilst on the Danske Bank conveyancing panel retrospectively and in much the same way as Danske Bank would.
Lexsure’s panel of experienced assessors independently assess utilising propriety templates and Lender Handbook archives whether each transaction complied with the requirements at the point that the Certificate of Title was submitted.
Our standard fee for a Danske Bank compliance panel audit is £1,975+VAT. Our team will analyse nine remortgage or purchase files involving Danske Bank, which we can randomly select by tenure (e.g. leasehold) date or other characteristics.
At the end of the audit, Lexsure will present you with a full written findings for your files with Danske Bank and a baseline risk profile. We will also arrange a conference call with you to go through our auditor’s findings and recommendations in a formal interview. Further audits will occur. Lexsure will contact the head of department to request the status of actions taken. No more than one lender conveyancing panel audits may be commissioned by a firm in a calendar year.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables you to select the date, time and location of a Danske Bank 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 rearrange a Danske Bank panel compliance audit. Please note that before accepting a Danske Bank conveyancing panel compliance file audit we have to conduct a conflict check. It may not be possible for Lexsure to agree to a Danske Bank panel compliance review