Scottish Building Society is most likely one of your most valued clients for conveyancing work.
Can you be sure that you are adhering to the requirements as a practice on the Scottish Building Society conveyancing panel?
As far as we are aware Lexsure is uniquely positioned to conduct a comprehensive lender panel compliance audit for your conveyancing files where Scottish Building Society are the lender.
Lexsure’s comprehensive database of Scottish Building Society Handbook instructions enables us to audit a law firms’ conveyancing files whilst on the Scottish Building Society conveyancing panel retrospectively and in the similar manner Scottish Building Society would.
Our panel of expert auditors objectively check making use of propriety templates and Lender obligation archives whether each conveyancing matter complied with the requirements at the time the CoT was completed.
For conveyancing firms where their search provider is not offering the service, our costs is £1,975+VAT. Lexsure will review 6 case files involving Scottish Building Society, which we can randomly select by tenure (e.g. leasehold) date or a multitude variables.
Once finished, we will prepare a detailed findings for your files with Scottish Building Society and a baseline risk profile. We will also follow-up with you to explain our expert findings and recommendations in a formal debrief. Audit follow-up can be scheduled. Our office will contact the firm to request the status of actions taken. No more than two lender conveyancing panel audits may be requested by a firm per annum.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables you to choose the date, time and location of a Scottish Building Society 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 Scottish Building Society panel compliance file audit. Please note that before accepting a Scottish Building Society conveyancing panel compliance audit we have to conduct a conflict check. It is not always possible for Lexsure to conduct a Scottish Building Society panel Handbook risk file audit