Conveyancing provider LMS has extended its contract with Buckinghamshire Building Society to provide its Panel Link service for three years.
Buckinghamshire Building Society will continue to have access to the Panel Link service which provides the lender with a fully vetted, secure panel of law firms to meet its exact requirements.
The Panel Link service also provides a range of component services to secure the monetary chain and deliver operational efficiencies in the home buying process.
Nick Chadbourne, chief executive of LMS, said: “More than 120,000 consumers took out a mortgage with a building society in the first quarter of this year and we are extremely pleased to be extending our relationship with Buckinghamshire Building Society.
“This is testament to the value Panel Link offers, as we strive to enable an easy and secure conveyancing process for borrowers across the UK’’
“Close cooperation between firms not only delivers better outcomes for customers, but also helps drive improvements and modernisation in the conveyancing process. We look forward to continue working towards this goal with Buckinghamshire Building Society.”
Tim Vigeon, head of lending at the Buckinghamshire Building Society, added: “LMS’ Panel Link is a market-leading service which gives our members a better experience and confidence over the security of the conveyancing process.
“We only work with carefully selected trusted partners and it was a natural choice for us to extend this relationship, as we build on the excellent work we have done together so far.”