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 provides false answers in its application form or in relation to any future requests for information.
- Failure to act in accordance with the Accord Mortgages panel requirements, the written instructions that Accord Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Accord Mortgages may subsequently adopt.
- Breaches of Accord Mortgages conveyancing panel Terms and Conditions
- Missing deadline to reapply to be on the Accord Mortgages convincing panel
- Your practice fails to meet the criteria to remain on the Accord Mortgages conveyancing panel
Common questions about Accord Mortgages conveyancing panel reinstatement
- Is there a limit to the amount of occasions my practice can submit applications to be reinstated on the Accord Mortgages conveyancing panel?
- Does my practice need to apply annually to remain on the Accord Mortgages conveyancing panel?
- What times frames are involved when applying to revert back onto the Accord Mortgages conveyancing panel?
- What are the next steps open to me if our Accord Mortgages panel reinstatement application is refused and the client of the firm has a mortgage application with the Accord Mortgages?
- Can we act for Accord Mortgages while the application for reinstatement on the Accord Mortgages panel is being progressed? How do I discover if our reinstatement appeal to the Accord Mortgages panel is accepted?
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.