Removal from the Mortgage Agency Services and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to be on the Mortgage Agency Services convincing panel
  • Persistent delays in registering security on behalf of Mortgage Agency Services Delays or failure to register the Mortgage Agency Services charge may result in referral to external lawyers of Mortgage Agency Services to complete outstanding requirements.
  • Breaches of Mortgage Agency Services conveyancing panel requirements
  • Persistent delays in post completion requirements set by Mortgage Agency Services
  • Mortgage Agency Services 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.

Questions Mortgage Agency Services panel reinstatement firms ask us

  • Is there a limit to the number of times my firm can apply to get back on the Mortgage Agency Services conveyancing panel?
  • Can this firm act for Mortgage Agency Services while the appeal for reinstatement on the Mortgage Agency Services panel is being reviewed? How do I discover if our reinstatement application to the Mortgage Agency Services panel is accepted?
  • Do any avenues remain open if my firm’s reinstatement panel submission with Mortgage Agency Services is rejected?
  • What happens if our Mortgage Agency Services panel reinstatement application is refused and our client has a mortgage offer with the Mortgage Agency Services?
  • Who should complete the reinstatement application to the Mortgage Agency Services panel ?

Top Tip: The best way to avoid the hassle of seeking Mortgage Agency Services panel reinstatement is to ensure that your firm is not removed off of the Mortgage Agency Services 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 Mortgage Agency Services conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Mortgage Agency Services 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 Mortgage Agency Services conveyancing panel.

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