LMS has announced it is enhancing its partnership with LiveMore Capital, who will become the latest UK mortgage lender to use its Panel Link service.
The conveyancer and panel management specialist said it will deliver a fully vetted, secure panel that meets with LiveMore’s requirements.
The service will also provide a range of components to further secure the monetary chain and provide operational efficiencies in the house buying process, LMS added.
LiveMore’s customers will also be able to use LMS’ free bank account check service to verify the bank details of their law firm before transferring funds, to help combat mortgage deposit fraud.
“Lenders have proved a resilient cornerstone of the UK mortgage industry throughout 2020, keeping transactions flowing and delivering for their customers,” said LMS CEO, Nick Chadbourne.
“Conveyancing is a crucial piece in the puzzle, so we’re delighted to have extended our partnership with LiveMore so that every customer can benefit from Panel Link. Collaboration has never been more important than in 2020 and this is in synergy with our commitment to a simpler conveyancing process.”
LiveMore CEO, Leon Diamond, added: “Having started our relationship with LMS for our remortgage product, we were pleased to be able to rapidly launch our purchase mortgage by engaging with LMS for its Panel Link service, which means we can benefit from a more streamlined and efficient conveyancing experience whilst ensuring customer confidence over the security of the process.
“This collaboration supports us in the delivery of our rapid growth strategy and will give our intermediaries and customers confidence and security as we navigate the rest of the pandemic.”
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