Danske Bank Expands Work with LMS to Northern Ireland Following Initial Success

  • RegTech
  • 31.07.2023 04:25 pm

Danske Bank UK has chosen to partner with LMS, the UK’s leading conveyancer and panel management specialist, as it looks to expand its services in Northern Ireland.  

After becoming the 30th lender to join LMS Panel Link® in 2021, LMS provides a fully vetted, secure and authenticated panel of law firms that meet Danske Bank’s exact requirements for every conveyancing case. The lender also offers customers access to Fees Assisted Remortgage products via LMS, both of which help to reduce fraud and drive numerous operational efficiencies in the house buying and remortgaging process.  

As a result of the ongoing success of the partnership, Danske Bank has chosen to use LMS’ Panel Link® and Fees Assisted Remortgage services as part of its Northern Ireland operations. Its offering continues to grow following the successful introduction of its Danske Carbon Neutral Mortgage, and with over 2000 law firms on its panel, LMS is the natural choice to ensure the smooth and efficient progression of all cases by the most appropriate conveyancer.   

Commenting on the news, Nick Chadbourne, Chief Executive of LMS said: 

“Danske Bank’s partnership with LMS is yet another vote of confidence in our market leading Panel Link® and Fees Assisted services as we continue to provide security, innovation and digitisation to all partners. It’s especially rewarding that this comes following the successful partnership in England and Wales launched in 2021, and it’s a testament to the team that we continue to provide the best possible service. With the highest number of firms on the panel compared to any other provider, we’re confident in our ability to drive efficiency in a reliable way for Danske Bank and look forward to delivering results that will speak for themselves.” 

Ian Russell, Head of Homebuying at Danske Bank, added: 

“LMS has been a great partner for us in Great Britain as we launched our Carbon Neutral Mortgage. It’s a solution that delivers a digital experience for our customers and extra peace of mind for our borrowers as they purchase or remortgage their home, so it was a logical next step to work with LMS again in Northern Ireland. We look forward to working with Nick and the team.” 

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