29th
November
Converge Technology Solutions (CTS) – Cyber Incident
It is LMS’s understanding that to this point, no official information has been provided by CTS or its representatives regarding the source or nature of the cyber security incident. No timescales for the restoration of service have yet been provided. In the absence of formal information LMS is unwilling to… Read More
28th
November
Leeds Building Society Survey – Nov 23
We have been made aware of a potential security breach at a third-party IT service provider Converge (also known as CTS). CTS provide cloud and managed IT services primarily for law firms and as a supplier. If you are a member of the Leeds Building Society panel, the questions relating… Read More
7th
September
Important Notice for Unencumbered Property – September 2023
LMS has been alerted to a recent increase of property hi jacks on unencumbered properties. Please be extra alert regarding the handling of unencumbered cases, particularly when appraising any ID documents for legitimacy and when reviewing cases with potential red flags e.g., letters regarding the routing of funds to unexpected… Read More
23rd
September
Chorley Building Society – Secure Link Update
We’re pleased to partner with Chorley Building Society to launch Secure Link® FAQs and Redemption Statements. Secure Link is an LMS product that allows for a more streamlined conveyancing process whilst improving case query turnaround times, allowing FAQs to be answered almost immediately. Not only does this prevent hold ups… Read More
21st
September
HMLR Digital Showcase
HM Land Registry are holding a virtual Digital Applications showcase. The open event is designed to highlight the different ways to submit digital applications either via HM Land Registry’s portal or via 3rd party software and in preparation for the switch from electronic applications ahead of November 2022. The event… Read More
23rd
February
Preparing for the SDLT Relief Deadline
Stamp Duty Land Tax relief is due to cease on 31 March 2021, any agreement to a tapering of inflight transactions appears to be doubtful. To limit the impact this deadline may cause on lenders and law firms alike; the majority of our lender clients have extended their standard COT… Read More
27th
October
Fraud Awareness
LMS in its role as a Panel Manager works closely with lenders and law firms to understand the latest techniques criminals are using to try and steal monies from mortgage transactions. LMS has been made aware of the following scenarios and asked whether the impacted parties would be supportive of… Read More
8th
September
LMS Post Completion Service – Update September 2020
Following recent discussions with Land Registry regarding their capacity to resume normal service, LMS are restarting the post completion service across England & Wales. The LMS communication process will restart on Wednesday 9th September 2020 and the intervention for non-compliance will resume on 5th October 2020. It is a requirement… Read More
11th
August
HM Land Registry Portal
From Monday 10 August, HM Land Registry customers can now manage all of their portal applications and correspondence, including notices, requisitions and letters, in one central place. HM Land Registry has committed to making itself an organisation that is easier to do business with and part of this commitment is… Read More
22nd
April
LMS Post Completion Service Update
Due to restricted access on applications lodged with Land Registry’s (closure in Scotland and NI) in England & Wales and the focus on priority services by Land Registry, LMS have suspended all post completion chasing activity across all UK jurisdictions. It remains a requirement that firms continue to comply with… Read More