Conveycentric conference for licensed conveyancers spotlights need to protect lender panel status

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13 June 2013

A conference uniquely aimed at Licensed Conveyancers entitled ‘The future of Lender Panel Management’ is to be hosted by Conveycentric on 11th July in Derby.

Recent case law limits the extent to which lenders can rely on breach of trust as a way of recovering their losses from those innocently caught by property fraud. As lenders review their strategy, conveyancers must take extra care to manage their lender panel status.

Santander will join senior industry figures at a conveyancing conference which will showcase a cost effective technology solution which can help conveyancers stay on lenders panels.

Senior industry figures will share their considerable experience and endorse the technology as a way of both combating fraud and protecting a conveyancing firm’s panel status. These include Santander who will be represented by Tracey Carr, Head of Financial Crime Management who maintains that:

“Good risk management and compliance with Part 2 requirements is a concern to all lenders. That is why I welcome initiatives like COMPLETIONmonitor that help panel firms manage risk. Conveyancers that utilise COMPLETIONmonitor especially their mortgage fraud identification module will have a better profile in the eyes of Santander.”

Chris Smyth former Head of Legal Services and Company Secretary at C&G and Tim Prior, Director of PNCR Legal, a specialist in mortgage fraud, will also be speaking on fraud identification and panel management from a lender’s perspective.

Central to the conference is the introduction of Conveycentric’s COMPLETIONmonitor solution as a means to protect panel status.

The conference is sponsored by Landmark PLC and Searches UK and is free to practices regulated by the CLC.

COMPLETIONmonitor which is supported by the CML is already known to many CLC firms as it was promoted last year by the CLC’s preferred brokers, Prime Risk Solutions.

For enquiries or more information, please contact Conveycentric on 020 7692 1876 or visit the website here.

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