Ecology Building Society is the latest lender to join conveyancing technology service, LMS Panel Link.
Ecology will be utilising the LMS Secure Link, a knowledge base of lender-approved FAQs, designed to reduce post-offer conveyancing queries by up to 70%.
The building society, which specialises in finance for community housing projects and lending on environmentally-friendly homes, will also utilise LMS’s Charge Registration service. This offers real-time updates on the position of applications at HMLR, tracking all cases through to registration.
LMS says this partnership underscores its commitment to collaborating with lenders who make a positive difference in the conveyancing sector.
LMS chief relationship officer Suzanne O’Connor says: “LMS is about looking at the future of conveyancing; how, by using forward-thinking technology and partnering with like-minded stakeholders, we can make it easier, more secure, and sustainable. Ecology Building Society utilising our Panel Link service showcases our commitment to this.”
Ecology Building Society chief operating officer Denise Davies adds: “Our lending is impact-led and we’re always seeking to improve the service we offer to our borrowers and professional partners. Partnering with LMS supports us in our mission to increase the impact we can deliver by meeting the needs of more borrowers.”