LMS Coronavirus Statement
I would like to update you on the actions taken and how we are positioned to manage our way through these challenging times. At LMS, the safety and well-being of our employees, clients, partners, the lending and legal industries, and the wider community is our priority.
Mortgage deposit fraud is on the rise, but what can law firms do to stop it?
Mortgage deposit fraud is a serious and growing problem in the conveyancing industry, and is part of the wider rise of ‘push payment’ frauds which saw over £350m stolen in 2018 alone. Read More
LMS launches Bank Account Check service for borrowers to help combat deposit fraud
LMS’ Bank Account Check allows borrowers to confirm their law firm’s bank details to mitigate fraud risk The Bank Account Check free service is latest part of LMS’s drive to make conveyancing process safer and more secure for everyone involved in the mortgage process Read More
LMS extends partnership with Yorkshire Building Society
LMS will now provide remortgage services across the lender’s intermediary brand, Accord Mortgages LMS, the conveyancing solutions provider, has today announced the extension of its services with Yorkshire Building Society (YBS). LMS will now provide Fees Assisted remortgage services across the lender’s intermediary brand, Accord Mortgages. Previously, LMS delivered… Read More
2018 – The year of the Product Transfer
2018 In Review £150 bn value of mortgage debt transferred internally in 2018 1,155,000 number of product transfers in 2018 £70 bn value of mortgage debt transferred internally on a non-advised basis 47% Proportion of product transfers undertaken on a non-advised basis… Read More
LMS launches e-COT
LMS, the UK’s leading conveyancing panel manager, have introduced new technology to their conveyancing offering, e-COT. This innovation will offer a number of advantages by driving efficiencies, reducing both timeframes and risk, and providing certainty of documentation delivery within the process. The electronic certificate of title (e-COT) technology will enable… Read More