LendInvest announced on Thursday it has named firms JMW Solicitors LLP and Lightfoots Solicitors as its first official panel of solicitors for its Buy-to-Let product. According to the online lender, JMW Solicitors is one of the North West’s leading full-service law firms, with significant experience in handling a range of real estate finance cases for both institutional and private lenders. Lightfoots are experts in complex property finance cases and have over 30 years experience providing legal services to mortgage lenders. Both firms are experienced in dealing with introducer-led business, offering dual representation and coverage across England and Wales.
LendInvest reported that the appointments will allow LendInvest to manage a higher deal flow, while still providing quality service at speed. They also build on the business’ existing partnership with both firms, who currently sit on the lender’s panel for a number of its short-term loan products. Ian Boden, Sales Director at LendInvest, stated:
“We want to provide the best end-to-end experience for our borrowers, which is why we choose our legal partners very carefully. Having two of the leading conveyancing firms in our space on the new panel is very encouraging only six months post launch, and sets us in great stead for ramping up our deal flow for the rest of the year. We are actively seeking to work with firms that are doing things differently, and more importantly, are open to taking innovative initiatives to tackle traditionally slower processes.”
Jodi Lund, Partner at JMW Solicitors also commented:
“We are delighted to be expanding our work with LendInvest as the business continues to move from strength to strength. As a firm, we are acutely aware of the specialist requirements of the BTL investor. Turn around times are generally quicker, meaning we allocate experienced solicitors who are experts in ensuring a smooth customer journey throughout the conveyancing process.”
Joe Middleton, Partner at Lightfoots Solicitors added:
“Working alongside a lender with such a diverse product range is great, in the sense that we have the opportunity to see our relationship evolve and diversify with the business’ growth. Returning to form LendInvest’s first legal panel for it’s BTL product is a testament to our existing relationship with the lender, and our performance as a conveyancer for the company’s bridging products.”