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

  • Persistent non-compliance with post completion requirements on behalf of Mortgage Agency Services
  • Your firm fails to meet the criteria to remain on the Mortgage Agency Services conveyancing panel
  • Recurring 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
  • 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.

Frequently asked questions concerning Mortgage Agency Services panel reinstatement

  • Is it the practice manager who is required to sign the reinstatement application to the Mortgage Agency Services panel ?
  • What are the consequences if our Mortgage Agency Services panel reinstatement application is declined and our client has a mortgage offer with the Mortgage Agency Services?
  • Is there a fee to revert back onto the Mortgage Agency Services conveyancing panel?
  • Am I restricted as to the amount of times my firm can submit applications to get back on the Mortgage Agency Services conveyancing panel?
  • How long does the application process take when applying 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.

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