Removal from the ModaMortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of ModaMortgages conveyancing panel Terms and Conditions
- Failure to act in accordance with the ModaMortgages panel requirements, the written instructions that ModaMortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which ModaMortgages may subsequently subscribe.
- Missing deadline to reapply to remain on the ModaMortgages convincing panel
- Significant delays in post completion requirements set by ModaMortgages
- Your firm no longer meets the criteria to remain on the ModaMortgages conveyancing panel
ModaMortgages panel reinstatement : You have questions, we have answers
- Who should sign the reinstatement application to the ModaMortgages panel ?
- Is there a cost to revert back onto the ModaMortgages conveyancing panel?
- Can you outline the application protocol to be reinstated onto the ModaMortgages conveyancing panel?
- Does my practice need to apply annually to remain on the ModaMortgages conveyancing panel?
- Am I restricted as to the amount of occasions my practice can submit applications to be reinstated on the ModaMortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking ModaMortgages panel reinstatement is to ensure that your firm is not removed off of the ModaMortgages 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 ModaMortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to ModaMortgages 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 ModaMortgages conveyancing panel.