Removal from the Mortgage Agency Services and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Mortgage Agency Services conveyancing panel
- Recurring delays in post completion requirements on behalf of Mortgage Agency Services
- Breaches of Mortgage Agency Services conveyancing panel Terms and Conditions
- Failure to reapply to be on the Mortgage Agency Services convincing panel
- Mortgage Agency Services 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.
Questions Mortgage Agency Services panel reinstatement firms ask us
- What will happen if our Mortgage Agency Services panel reinstatement application is turned down and our client has a mortgage offer with the Mortgage Agency Services?
- Can we act for Mortgage Agency Services while the appeal for reinstatement on the Mortgage Agency Services panel is being progressed? How do I know if our reinstatement appeal to the Mortgage Agency Services panel is accepted?
- Is it possible to find out this practice’s application for reinstatement is turned down?
- Is there a cost to revert back onto the Mortgage Agency Services conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Mortgage Agency Services is refused?
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.