Removal from the Accord Mortgages and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of Accord Mortgages
- Your practice no longer meets the criteria to remain on the Accord Mortgages conveyancing panel
- Missing deadline to reapply to be on the Accord Mortgages convincing panel
- 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.
- 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.
Top questions concerning Accord Mortgages panel reinstatement
- Is it possible to find out this practice’s application for reinstatement is turned down?
- Is there a limit to the number of times my firm can apply to get back on the Accord Mortgages conveyancing panel?
- How often will this firm be required to re-apply to remain on the Accord Mortgages conveyancing panel?
- What will happen if our Accord Mortgages panel reinstatement application is rejected and our client has a mortgage application with the Accord Mortgages?
- Does the COLP in my firm need to sign the reinstatement application to the Accord Mortgages panel ?
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 appointed 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.