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It must also be remembered that conveyancers must be on lender panels to be able to act for mortgage lenders. Application to join a panel through LMS or similar usually requires a minimum number of lender instructions to have been transacted in the previous 12 months. If the criteria cannot be met by small conveyancers, thus preventing them from joining the majority of panels, how are they to increase the number of transactions undertaken? It is hardly surprising that the number of transactions undertaken by large firms is increasing as this criteria appears to discriminate against small firms to keep them out of the market. Experience, quality of service and claim free records appear no longer to be taken into consideration.

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