Removal from the Kensington Mortgage and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Kensington Mortgage conveyancing panel
- 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.
- Significant non-compliance with post completion requirements set by 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.
- Kensington Mortgage 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.
Kensington Mortgage panel reinstatement: Five Common Questions
- Can we act for Kensington Mortgage while the application for reinstatement on the Kensington Mortgage panel is being reviewed? How do I know if our reinstatement application to the Kensington Mortgage panel is approved?
- Please can you set out the application procedures to be reinstated onto the Kensington Mortgage conveyancing panel?
- How often will this firm be required to re-apply to remain on the Kensington Mortgage conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Kensington Mortgage conveyancing panel?
- Who should complete the reinstatement application to the Kensington Mortgage 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.