Removal from the Kensington Mortgage and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Kensington Mortgage
- Failure to act in accordance with the Kensington Mortgage panel requirements, the written instructions that Kensington Mortgage provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Kensington Mortgage may subsequently subscribe.
- Breaches of Kensington Mortgage conveyancing panel Terms and Conditions
- Your law firm fails to meet the criteria to remain on the Kensington Mortgage conveyancing panel
- Failure to reapply to remain on the Kensington Mortgage convincing panel
Frequently asked questions concerning Kensington Mortgage panel reinstatement
- How often will this firm be required to re-apply to remain on the Kensington Mortgage conveyancing panel?
- Can this firm act for Kensington Mortgage while the application for reinstatement on the Kensington Mortgage panel is being assessed? How do I know if our reinstatement application to the Kensington Mortgage panel is approved?
- Please can you set out the application process to revert back onto the Kensington Mortgage conveyancing panel?
- Is there a cost to be reinstated onto the Kensington Mortgage conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with Kensington Mortgage is declined?
Top Tip: The best way to avoid the hassle of seeking Kensington Mortgage panel reinstatement is to ensure that your firm is not removed off of the Kensington Mortgage 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 Kensington Mortgage conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Kensington Mortgage 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 Kensington Mortgage conveyancing panel.