Lender panels and HSBC are main concerns at first Law Society CQS networking event

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12 March 2012


PSG, one of the market-leading providers of property searches and reports to the legal and conveyancing professions, opened the first of the current series of networking events for the Law Society’s Conveyancing Quality Scheme (CQS) members in London earlier this month.

The main topic for debate was once again lender panels and the recent changes to the HSBC panel with members expressing concern of the impact of these, not only on their own businesses but on the consumer’s right to choose.

Many believe that HSBC’s rules relating to separate representation are creating an unlevel and anti-competitive environment.

Des Hudson, chief executive of the Law Society, especially thanked PSG for sponsoring these events in such challenging economic times, and continues to add his voice and the weight of the Law Society to the campaign to get HSBC to change its policy.

The series of five CQS networking events is a free membership benefit for accredited members of the CQS scheme. They provide an opportunity for the members to hear expert speakers discussing topical conveyancing issues. In turn each event will be followed by a networking session where members can share their experiences of the accreditation and network.

The remainder of the events will be held on:

  • 14 March, Manchester
  • 15 March, Nottingham
  • 22 March, Bristol

Andrea Glover, managing director of PSG, said: “PSG was born out of the desire of conveyancing solicitors to provide a higher-quality service for their clients. We support the Law Society’s stance on HSBC and the concerns generally over lender panels.

“We are delighted our sponsorship of these events is so valued by the Law Society. PSG regularly sponsors national and local Law Society events across the country for the benefit of our clients.”



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One Response to “Lender panels and HSBC are main concerns at first Law Society CQS networking event”

  1. It would be interesting to know what HSBC’s criteria is to be on their panel? Is their current level of only 43 firms being on their panel set in stone or will this be expanded in future?

  2. Zahid on March 29th, 2012 at 3:28 pm

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