To request a redemption statement for your mutual client we require the request in writing, on letter headed paper if possible, with an exact date to calculate to. Alternatively you can use the LMS Portal.
We require the authority from one or both of the mortgage account holders. This can be sent as a signed document showing they authorise you to act on their behalf or they can verbally call to give authority on 01664 414141, option 2, option 1.
We require 3-5 working days turnaround time for a redemption statement figure, and only the first one per calendar year is free of charge. They are valid for the entire month they are produced in with a daily rate attached. Further statements can be produced at a charge to the client.
Due to high demand for completions we require 5 full working days notice upon receipt of a completed Certificate of Title to facilitate release of funds.
Thank you in advance for your patience.
Below you will find the documents that you will require in relation to the processing of a standard mortgage where you have been instructed by the Society to act for us. If you would like to join our panel of Solicitors please visit www.lms.com/lenderpanels.
If you need to contact us regarding an existing mortgage please call 01664 414141 or email enquiries@mmbs.co.uk.
Please visit www.bsa.org.uk
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Main Office
Mutual House,
Leicester Road,
Melton Mowbray,
Leicestershire
LE13 0DB