SLC reacts to Santander panel cuts
The Society of Licensed Conveyancers (SLC) responds to Santander’s decision to reduce its conveyancing panel.
The SLC have joined those expressing disappointment at Santander’s decision to cut its conveyancing panel by several hundred firms.
The SLC made the following comments:
“This latest news is disappointing and will come as a blow to many conveyancers, across the country.
“It is important for lenders to understand that for Licensed Conveyancers, conveyancing is what they do day in and day out – just because they have not acted for Santander regularly does not mean that they have been inactive in acting for home buyers.
“We hope that Santander will recognise the difference between Licensed Conveyancers and solicitors in this respect and will take this into account when making any future decisions regarding the size and shape of its panel.”
Last week the Law Society confirmed they would be raising the concerns of members with Santander.