Legal Quest Plc. was founded by two Senior Chartered Loss Adjusters - Peter Goth (FCILA ACII) and Stephen Swain (FNAILA AAII), along with a former City of London Solicitor, Nicholas Chadwyck-Healey (LL.B. Hons). The founders, together with Martin D. Block (LL.B. Hons), a practicing solicitor, who joined Legal Quest Plc. in August 2016 as the second Legal Director, have decades of experience in the insurance and legal professions. Having concluded 11 years’ due diligence and extensive research and with over £2,000,000 invested by the founders in time and money, we concluded that a major error in the securitisation process had been made by the banking sector.
As a result we believe that the errors discovered may entitle the majority of UK mortgage holders to dispute the validity of their mortgage if it has been sold, transferred or assigned under Mortgage Securitisation.
We decided to make our findings ‘public’ in 2014 and the original Legal Quest Mortgage Challenge was launched. From 2014 to date, our continued research has further confirmed our findings resulting in Mortgage Securitisation Claims (MSC’s) being launched in 2019.
Since our inception, we obtained full authorisation of the four main regulatory bodies and were regulated by the Claims Management Regulator (CMR) in respect of regulated claims management activities under CMR No. 42379 which, together with authorisation by the Financial Conduct Authority (FCA) in respect of insurance mediation activities under FCA No. 739402, we were considered a fully authorised firm. The transfer of Claim Management Regulation by the Ministry of Justice from the CMR to the FCA on 1st April 2019, resulted in the reformation of Camellus Law LLP (details below) and the transfer of all regulated legal aspects, these being carried out from 6th September 2019 by Martin D. Block, who is registered as a practising solicitor with the Solicitor Regulatory Authority under SRA No. 118413.
Camellus Law LLP are also a Commercial & Industry body with Legal Quest plc as the Associated Partner being regulated under SRA No. 634028, finally, Legal Quest plc are registered with the Information Commissioners Office (ICO) in respect of Data Protection matters under Reg. No. ZA085182 and remain the ‘Data Controllers’ for all such matters.
Using our wealth of knowledge and the latest information processing technology, we are therefore able deliver a professional DSAR Validation Audit review of your mortgage in a timely and cost-effective manner and to prepare the correct Part 35 Expert reports which the MSCL panel law firm(s) will need to be able to file a valid MSC against your designated lenders. Initially, it is agreed that initially only those UK lenders nominated by MSCL will allow any new MSC applications to be made, for details of the current lenders please go to www.yourmsc.co.uk for details.
Stephen Swain FNAILA - AAII
Peter Goth FCILA - ACII
Chairman & Non-Executive Director
Camellus Law LLP (Registered No: OC395708) was originally formed on 7th October 2014 by Legal Quest PLC and Nicholas Chadwyck-Healey LL.B (Hons) as the two Founding Partners. The reason for its formation was to provide a separate legal case management firm to liaise with the lenders and any future legal professionals who would be appointed to represent any of the Legal Quest clients, who chose to join the planned Class Action(s) for their specific lender. During the 12 month review period by the Ministry of Justice Claim Management Regulators which commenced in April 2016, after it was determined that Legal Quest must obtain additional regulatory authorisation to carry out the regulated activities relevant to a Mortgage Securitisation Claim (MSC), one of the items which was agreed to be attended to was the dissolution of Camellus Law LLP and the entire operational aspects of the legal case management undertaken by Legal Quest PLC.
The reasons for this were to ensure that the client(s) were only under contract to a single legal entity so, as a result of this requirement, on 7th June 2016, the trading style of Camellus Law was retained by Legal Quest PLC with a Notice to Dissolve Camellus Law LLP being filed. As of 23rd August 2016, Camellus Law LLP was dissolved by voluntary application. However, following the restructuring of Legal Quest plc following the transfer of regulatory authority from the Ministry of Justice, to the Financial Conduct Authority, the separation of the legal aspects from the validation/audit aspects was deemed appropriate.
As a result, Camellus Law LLP was re-instated and reformed on 24th April 2019 and registered at Companies House under the new registration No: OC427066. Nicholas Chadwyck-Healey who is a retired solicitor still registered on the Law Society Roll and Martin D. Block (LL.B. Hons), who is a fully practising solicitor and Judge, resigned from the Board of Legal Quest plc and, were appointed as the two main ‘Designated’ Senior Partners of the newly reformed Camellus Law LLP, each now holding a 50% controlling interest, with Legal Quest plc being appointed as an Associated Partner and holding no interest.
To avoid any possible misunderstanding, Camellus Law LLP www.camelluslaw.co.uk , via Mortgage Securitisation Claims Ltd., (MSCL) www.yourmsc.co.uk sources all new MSC applications and provides the in-house legal case management for the appointed independent panel law firms. MSCL is regulated by the Solicitors Regulation Authority in respect of all regulated claim management activities.
Martin D Block LL.B (Hons)
Mortgage Securitisation Claims (MSC’s)
If you have come to the Legal Quest plc website and are looking to start a potential Mortgage Securitisation Claim (MSC) unfortunately you have come to the wrong website as Legal Quest plc no longer take direct applications. Please click the Start your MSC button to be diverted to the correct website.