Circular No 164/2018
Dated 4 July 2018

To Members of the Malaysian Bar

Usage of New Format for Standard Letter for Perfection of Charge Cases, and
Mandatory Usage of LPPSA’s Panel Solicitors

Lembaga Pembiayaan Perumahan Sektor Awam (Public Sector Home Financing Board, “LPPSA”) has extended to us two notifications, entitled “Penggunaan Format Surat Iringan Standard Bagi Tujuan Penyerahan Borang Cagaran (Kes Pindahmilik dan Gadaian — Perfection of Charge (POC)” and “Pelaksanaan Mewajibkan Penggunaan Peguam Berdaftar Lembaga Pembiayaan Perumahan Sektor Awam (LPPSA) Dalam Urusan Perjanjian Pinjaman/Pembiayaan LPPSA”, both dated 27 June 2018.

Please be informed that the usage of the new format for the standard letter for perfection of charge cases, and the requirement that borrowers engage LPPSA’s panel solicitors, took effect on 1 July 2018.

The notifications from LPPSA are attached for your reference.

According to LPPSA, in 2016 it had published a notification on its website inviting all law firms registered with the Bar Council, Advocates Association of Sarawak, and Sabah Law Society to apply to LPPSA to be appointed to LPPSA’s panel of solicitors in respect of preparation of LPPSA’s housing loan documentation.  The website notice had been published for over six months in order to allow interested law firms ample time to apply for the panelship.  

In 2016 and 2017, LPPSA conducted several briefings — through its Legal and Secretarial, Process and Mortgage Departments — for the law firms that were appointed to its panel of solicitors.  Further, since August 2016, its Corporate Communication Department has been actively conducting roadshows throughout Malaysia, to make public officers aware that LPPSA will implement the usage of its panel of solicitors by 2018.

Law firms that are still interested in applying for appointment to LPPSA’s panel of solicitors may do so by sending a hard copy of the application — along with the law firm’s profile and the Practising Certificates and Personal Indemnity Insurance documents of its lawyers — to LPPSA’s Legal and Secretarial Department.  Applications are vetted and tabled to its top management for approval every six months.

Should you have any enquiries, please contact the LPPSA Call Centre by telephone at 03-8880 1600 or through its official complaints / enquiries portal at www.lppsa.gov.my.

Thank you.

Roger Tan
Chairperson
Conveyancing Practice Committee