LMS has renewed its contract with Nationwide to be the sole supplier of fees free remortgage and transactional conveyancing services until July 2016.
The expertise of LMS as a leading provider of conveyancing and remortgaging panel management services, complimented by the strength and stature of the UK’s largest building society, has already delivered – and continues to develop – significant long-term opportunities for Nationwide members.
Renewal of the contract extends the relationship to 17 years, a demonstration of the confidence and commitment Nationwide has in the well-established LMS multi-product offering.
Andy Knee, managing director for LMS, said:
“We’ve worked successfully with Nationwide for 14 years, completing hundreds of thousands of conveyancing and remortgage cases and are delighted to retain the contract. We are committed to offering our clients the highest possible level of service, and working hard to ensure that we are able to meet their individual needs.”
Ian Andrew, managing director, Nationwide Group Intermediary Sales, added:
“Nationwide Group has a long-standing and productive relationship with LMS, which we look forward to strengthening during the next three years.”
For further information
Please call Sinead Meckin or John Wriglesworth on 02074271400 or LMS@wriglesworth.com
LMS’s UK remortgage lending estimates are based on LMS’s up to date internal conveyancing data, which, every month, covers many thousands of remortgage completion transactions.
Notes to Editors
- LMS is one of the UK’s largest providers of outsourced property services, including conveyancing, remortgage, and survey services.
- Each year LMS successfully manages some 130,000 transactions, helping to enable more than £15 billion in loans for intermediaries and lenders.
- The LMS system is based on the company’s unique STARS (Servicer Tracking & Reporting System) technology which manages transactions electronically on-line to ensure speed, cost efficiency and quality of service.
- To find out more about LMS, visit www.lms.com