Searches UK survey reveals lender panel issues for solicitors and conveyancers
Searches UK understand the importance of finding Solicitors and Conveyancers that are approved by lenders in order to avoid timely delays or costly property failures for home buyers.
In a recent survey conducted by Searches UK results revealed that over 40% of Solicitors or Conveyancers experienced problems with joining or staying on a Lender Panel. This indicates a potential issue for home buyers who choose Solicitors or Conveyancers who might not be able to represent them on behalf of their lender.
Lender Panel, an intelligent online software, has been designed to offer assistance to professionals in the industry and the general public to locate and recognise solicitor firms who act for lenders both locally and nationally.
Lisa Summerton, Sales & Marketing Director at Searches UK said: “We’re happy to be able to offer our clients access to Lender Panel – the site is a reliable source to find firms which can act on behalf of lenders. Market insights can also be gained and we’re optimistic about there being an increase to conveyancing volumes for Solicitors and Conveyancers. Searches UK is committed to helping its clients and offering Lender Panel is another way to ensure our clients receive a comprehensive and rounded service when using us.”
Searches UK provide residential and commercial conveyancing searches, as well as other added value services including Reimbursement Schemes, Lawyer Checker products, Compliance Checks and AML I.D. Checks.
To find out more about any of the products or services offered by Searches UK visit www.searchesuk.co.uk, call them on their free phone number 0800 043 1815 or email them directly at [email protected]. Opening an account is quick and easy – please ask one of their Conveyancing Specialists to set this up for you today to start placing orders with Searches UK.