LMS strengthens conveyancing offering

LMS has introduced new technology to its conveyancing offering e-COT.

The technology will allow the conveyancing panel manager to reduce timeframes and risk, and provide certainty of documentation delivery within the process.

It will also enable law firms to send certificates of title digitally to improve speed and security, along with offering authentication of senders and receivers as part of the client account verification process.

LMS plans to roll out the service – which is currently being utilised by NatWest and RBS – to more lenders throughout 2018.

Nick Chadbourne, chief executive at LMS (pictured above), said: “Not only does this technology make the conveyancing process quicker and easier, it also makes the process more secure.

“Buying a home is usually the largest and most important purchase the majority of people will ever make.

“It’s vital the entire process is as efficient and secure as possible.

“Our plans do not stop here – we have further innovations in build that will improve and speed up the conveyancing experience for all stakeholders.”

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