on 07-10-2016 08:34 AM
on 07-10-2016 08:34 AM
As a law firm, does our lender client need to become a PEXA subscriber before we can process their standalone discharge of mortgage, or do we simply need a Client Authorisation and act as their representative subscriber. Cheers.
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on 10-10-2016 11:06 AM
on 10-10-2016 11:06 AM
SolutionHi @BGoodwin,
That'a a great question.
You are correct, a CAF is all that you require to put through a standalone discharge of mortgage.
There are numerous benefits of subscribing though, such as visibility in the network and the ability to receive refinance and transfer invites.
For a panel solicitor such as yourself, having your clients on the network allows for a simpler process when creating Mortgage documents by ensuring their mortgage reference data has been hard coded into the system and that their company details are prepopulated for you.
Cheers,
Cate
on 10-10-2016 11:06 AM
on 10-10-2016 11:06 AM
SolutionHi @BGoodwin,
That'a a great question.
You are correct, a CAF is all that you require to put through a standalone discharge of mortgage.
There are numerous benefits of subscribing though, such as visibility in the network and the ability to receive refinance and transfer invites.
For a panel solicitor such as yourself, having your clients on the network allows for a simpler process when creating Mortgage documents by ensuring their mortgage reference data has been hard coded into the system and that their company details are prepopulated for you.
Cheers,
Cate