The LMS Select portal will help brokers find a conveyancer and includes functions which allow them to save and retrieve quotes, adjust the referral fees on a case-by-case basis, track key steps and view case notes.
The firm said it would ‘streamline’ the conveyancing process for brokers and is supported by referral fees of up to £300 per case.
Chief executive Andy Knee (pictured) told Mortgage Solutions: “Conveyancing costs have been rising dramatically for consumers.
“At present it is lenders paying more for valuations not conveyancing. The biggest challenge for this sector of the market has been a lack of solicitors, conveyancers and valuers.”
He added: “Now is an exciting time, as the economy starts its slow return from recession. We have seen our business volumes increase by 50% compared to last year and they are continuing to rise. The speed and flexibility of our new portal will allow brokers to be more efficient in processing this ever increasing volume of cases.”
