Removal from the Mortgage Agency Services and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Mortgage Agency Services convincing panel
- Failure to act in accordance with the Mortgage Agency Services panel terms, the written instructions that Mortgage Agency Services give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mortgage Agency Services may subsequently adopt.
- 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.
- Your firm no longer meets the criteria to remain on the Mortgage Agency Services conveyancing panel
- Breaches of Mortgage Agency Services conveyancing panel Terms and Conditions
Mortgage Agency Services panel reinstatement : questions that we get asked
- Do any avenues remain open if our reinstatement panel application with Mortgage Agency Services is turned down?
- Is there a limit to the number of times my practice can submit applications to get back on the Mortgage Agency Services conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Mortgage Agency Services conveyancing panel?
- Can we act for Mortgage Agency Services while the application for reinstatement on the Mortgage Agency Services panel is being progressed? How do I find out if our reinstatement appeal to the Mortgage Agency Services panel is accepted?
- Please can you set out the application protocol to be reinstated onto the Mortgage Agency Services conveyancing 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.