Loughborough Building Society went live with LMS Panel Link, including Secure Link with Redemption Statement requests in September 2024, if you have not already applied to join Loughborough Building Society’s panel, the minimum requirements for panel membership are:
• There are no minimum purchase completions required in the previous 12 months.
• Must be regulated by the SRA & CLC
• A minimum of £2 Million professional indemnity cover provided by a regulator approved provider and have an independent financial rating
• A minimum of 2 Partners/Directors
Should you meet the criteria and wish to join panel, your Panel Link Membership Manager user is able to accept the addendum via Conveyancer Zone, within the Panel Membership/Check Panel Membership section.
It is free to join The Loughborough Building Society panel membership; however, you will be charged a transaction management fee of £35 plus VAT for each completed mortgage instruction.