Removal from the Kensington Mortgage and other lender panels: Why they do it and how to get reinstated
- Kensington Mortgage 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.
- Persistent delays in registering security on behalf of Kensington Mortgage Delays or failure to register the Kensington Mortgage charge may result in referral to external lawyers of Kensington Mortgage to complete outstanding requirements.
- Your law firm no longer meets the criteria to remain on the Kensington Mortgage conveyancing panel
- Failure to reapply to be on the Kensington Mortgage convincing panel
- Non-compliance with the Kensington Mortgage panel requirements, the written instructions that Kensington Mortgage give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Kensington Mortgage may subsequently subscribe.
Common questions about Kensington Mortgage conveyancing panel reinstatement
- Does the COLP in my firm need to sign the reinstatement application to the Kensington Mortgage panel ?
- How often will this firm be required to re-apply to be reinstated on the Kensington Mortgage conveyancing panel?
- Please can you set out the application procedures to revert back onto the Kensington Mortgage conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement is turned down?
- How long does the application process take when applying to be reinstated onto the Kensington Mortgage conveyancing panel?
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 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 Kensington Mortgage conveyancing panel.