Suffolk Building Society is in all probability one of your most important clients for conveyancing work.
How certain are you that you are strictly following the requirements as a practice on the Suffolk Building Society conveyancing panel?
Lexsure is the only company offering a full lender panel compliance audit for your conveyancing files where Suffolk Building Society are the lender.
Our comprehensive bank of Suffolk Building Society Handbook instructions enables us to examine a law firms’ conveyancing cases whilst on the Suffolk Building Society conveyancing panel retrospectively and in the similar manner Suffolk Building Society would.
Lexsure’s panel of expert auditors impartially assess utilising propriety templates and Lender P2 archives whether each conveyancing matter breached your contractual obligations at the time the Certificate of Title was rendered.
For conveyancing firms where their search provider is not offering the service, our fee for a Suffolk Building Society compliance panel audit is £1,975+VAT. We will audit eight remortgage or purchase files involving Suffolk Building Society, which we can stratify by tenure (e.g. leasehold) date or a mix characteristics.
At the end of the audit, Lexsure will supply you with a full written findings for your cases with Suffolk Building Society and a baseline risk profile. We will also follow-up with you to explain our auditor’s findings and recommendations in a formal interview. Further audits can be scheduled. Lexsure will contact the firm to request the status of actions taken. No more than one lender conveyancing panel audits may be requested by a practice a year.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables your firm to choose the date, time and location of a Suffolk 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 cancel a Suffolk Building Society panel compliance file audit. Please note that before accepting a Suffolk Building Society conveyancing panel compliance review we have to conduct a conflict check. It may not be possible for Lexsure to conduct a Suffolk Building Society panel Handbook risk review