Removal from the Kensington Mortgage and other lender panels: Why they do it and how to get reinstated
- Breaches of Kensington Mortgage conveyancing panel Terms and Conditions
- Non-compliance with the Kensington Mortgage panel terms, 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.
- Your firm no longer meets the criteria to remain on the Kensington Mortgage conveyancing panel
- Failure to reapply to remain on the Kensington Mortgage convincing panel
- Significant delays in registering a charge 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.
Top 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 discover if our reinstatement application to the Kensington Mortgage panel is accepted?
- Is the door firmly shut if our reinstatement panel submission with Kensington Mortgage is turned down?
- Does my practice need to apply annually to be reinstated on the Kensington Mortgage conveyancing panel?
- How do I discover why this practice’s application for reinstatement was rejected?
- What will happen if our Kensington Mortgage panel reinstatement application is refused and the client of the firm has a mortgage offer with the Kensington Mortgage?
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.