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
  • Significant non-compliance with post completion requirements on behalf of Mortgage Agency Services
  • Failure to act in accordance with the Mortgage Agency Services panel terms, the written instructions that Mortgage Agency Services provide 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.
  • Recurring delays in registering a charge 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.

Answers to Frequently asked questions concerning Mortgage Agency Services panel reinstatement

  • Can you outline the application process to be reinstated onto the Mortgage Agency Services conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Mortgage Agency Services conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Mortgage Agency Services panel ?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with Mortgage Agency Services is rejected?
  • 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 find out if our reinstatement appeal to the Mortgage Agency Services panel is approved?

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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