The Mortgage Lender (TML) has joined forces with LMS and will be using its Panel Link from 22 January 2018.
TML said that move was made in response to demand for access to a wider network of conveyancing firms.
LMS provides conveyancing services via a panel with over 90% coverage of UK law firms.
TML is encouraging intermediaries to ask the firms they work with to sign up to the panel through LMS in advance of the 22 January launch, to ensure cases are processed efficiently.
Peter Beaumont (pictured), deputy chief executive of TML, said: “Having operated a restricted panel since launch, we have worked with a small number of firms to closely monitor performance and understand the customer experience.
“Our intermediaries have told us they would like more options, and we feel now is the right time for us to work with a helpful provider such as LMS to offer them and their customers a wider choice of solicitors.”
Nick Chadbourne, chief executive of LMS, added: “Partnering with The Mortgage Lender is an exciting prospect. This is yet another vote of confidence not only in our technological innovation and our customer-centric ethos but also in our commitment to making conveyancing easy.
“We are pleased to be strengthening our position in the intermediary lending market and look forward to providing our new partner with unparalleled diligence and service to cement a long-term relationship.”
