Benefits of the Conveyancing Quality Scheme
First introduced in 2011, the Conveyancing Quality Scheme is designed to clearly define a set of acceptable standards of compliance, risk management and client service levels expected of conveyancing professionals and practices, as defined by The Law Society. The scheme aims to provide a number of benefits for practices which include:
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Minimising risks of claims against the practice
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Improving and protecting the practice’s reputation
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Access to a greater panel of lenders. CQS accreditation is a requirement for lenders including Nationwide, Santander, Yorkshire & Clydesdale Bank, Metro bank, and HSBC UK
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Additional professional development for your team to help widen their knowledge, share team workloads, and reduce risks associated with having a single point of failure
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If your firm is Lexcel accredited, it will have already met some of the Core Practice Management Standard (CPMS) required for CQS