As part of the agreement, LMS will provide a fully vetted, secure panel that meets with the society’s requirements.
The service also provides a range of components to further secure the monetary chain and aims to create operational efficiencies in the mortgage process.
Nick Chadbourne, chief executive of LMS said: “Partnering with Scottish Building Society is yet a further vote of confidence in LMS Panel Link which is now firmly established as the market leader in the UK mortgage market.
“LMS continues to place itself at the centre of UK conveyancing and continues to provide security, innovation and digitisation to all partners.
“We are pleased to be further strengthening our position in the market and look forward to a long-term relationship with our latest lender partner.”
Paul Denton, chief executive of Scottish Building Society, added: “Our new partnership with LMS is set to further enhance and strengthen our mortgage application process, providing additional security to our customers when proceeding with the conveyancing process.
“As the world’s oldest building society, with 173 years of history behind us, continuing to protect and support our members is our top priority.
“LMS is highly regarded within the industry and the addition of this market-leading solution will provide our customers with extra peace of mind when purchasing their home.”
