LMS extends partnership with Family Building Society

Legal Marketing Services (LMS) has announced the extension of its partnership with Family Building Society for an additional three years.

Family Building Society said it will continue to have access to the unique Panel Link service that gives the Epsom-based lender access to thousands of fully vetted law firms, in order to meet its exact requirements.

The Panel Link service also provides a range of additional services to deliver operational efficiencies in the home buying process.

LMS is one of the UK’s largest providers of outsourced property services, including conveyancing, remortgage, and IT services, and manages 130,000 transactions each year.

LMS chief executive, Nick Chadbourne, commented: “Building societies continue to play a vital role in the mortgage industry, helping hundreds of thousands of borrowers to climb the housing ladder.

“We’re pleased to extend our partnership with National Counties Building Society as we look to create an easier and more secure conveyancing process for lenders and consumers across the UK.

“It’s essential that firms across the industry work closely together to deliver better outcomes for borrowers and help modernise the conveyancing journey. Panel Link continues to lead the way for inter-party cooperation, and we look forward to working further with the National Counties Building Society over the next three years.”

Family Building Society, which launched in July 2014, is a trading name of National Counties Building Society, the eleventh largest building society in the UK, which has more than 50,000 members and £2.2bn of assets.

Family Building Society director of legal and compliance, Kathy Mendoza, added: “LMS’ Panel Link service enables us to benefit from a more streamlined and efficient conveyancing experience whilst ensuring confidence over the security of the process.

“It was a natural choice for us to extend our relationship with LMS to build on the excellent work we have done together so far and continue to bring value to our borrowers.”

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