Removal from the Kensington Mortgage and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Kensington Mortgage convincing panel
- 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.
- Non-compliance 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 adopt.
- 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
Frequently asked questions concerning Kensington Mortgage panel reinstatement
- Can we act for Kensington Mortgage while the appeal for reinstatement on the Kensington Mortgage panel is being reviewed? How do I find out if our reinstatement appeal to the Kensington Mortgage panel is approved?
- What times frames are involved when applying to be reinstated onto the Kensington Mortgage conveyancing panel?
- What are the consequences if our Kensington Mortgage panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Kensington Mortgage?
- What is the application protocol to revert back onto the Kensington Mortgage conveyancing panel?
- Is there a limit to the amount of times my law firm can apply to be reinstated on 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 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.