Removal from the ModaMortgages and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the ModaMortgages conveyancing panel
- Missing deadline to reapply to remain on the ModaMortgages convincing panel
- Breaches of ModaMortgages conveyancing panel Terms and Conditions
- Recurring non-compliance with post completion requirements set by ModaMortgages
- Recurring delays in registering a charge on behalf of ModaMortgages Delays or failure to register the ModaMortgages charge may result in referral to external lawyers of ModaMortgages to complete outstanding requirements.
ModaMortgages panel reinstatement: Five Common Questions
- Is it the practice manager who is required to complete the reinstatement application to the ModaMortgages panel ?
- How long does the application process take when applying to be reinstated onto the ModaMortgages conveyancing panel?
- How do I discover why my firm’s application for reinstatement was rejected?
- Am I restricted as to the amount of times my firm can apply to get back on the ModaMortgages conveyancing panel?
- Is there a fee to revert back onto 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 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 ModaMortgages conveyancing panel.