Removal from the Accord Mortgages and other lender panels: Why they do it and how to get reinstated
- Accord Mortgages may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to reapply to remain on the Accord Mortgages convincing panel
- Breaches of Accord Mortgages conveyancing panel Terms and Conditions
- Your practice no longer meets the criteria to remain on the Accord Mortgages conveyancing panel
- Significant delays in registering a charge on behalf of Accord Mortgages Delays or failure to register the Accord Mortgages charge may result in referral to external lawyers of Accord Mortgages to complete outstanding requirements.
Frequently asked questions concerning Accord Mortgages panel reinstatement
- How often will this firm be required to re-apply to be reinstated on the Accord Mortgages conveyancing panel?
- Can this firm act for Accord Mortgages while the application for reinstatement on the Accord Mortgages panel is being processed? How do I find out if our reinstatement application to the Accord Mortgages panel is accepted?
- Am I restricted as to the number of times my practice can submit applications to be reinstated on the Accord Mortgages conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Accord Mortgages is rejected?
- What are the next steps open to me if our Accord Mortgages panel reinstatement application is refused and our client has a mortgage application with the Accord Mortgages?
Top Tip: The best way to avoid the hassle of seeking Accord Mortgages panel reinstatement is to ensure that your firm is not removed off of the Accord Mortgages conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Accord Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Accord Mortgages directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Accord Mortgages conveyancing panel.