Goldsmith Williams has launched a guide to help brokers conduct due diligence on behalf of their clients prior to making a referral to a firm of conveyancers.
The law firm has created a Due Diligence Kit (DDK) to help intermediaries respond to the increasing focus on regulatory compliance throughout the mortgage industry.
The seven-point guide is available online and outlines the key checks a broker should perform on legal services providers, including an investigation into the company’s management structure and its professional credentials.
Brokers that have existing relationships with Goldsmith Williams can download a completed version of the DDK, along with copies of the relevant certificates and accreditations.
Eddie Goldsmith , partner at Goldsmith Williams, said: “Across the mortgage sector