Removal from the MPowered Mortgages and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to remain on the MPowered Mortgages convincing panel
  • MPowered Mortgages 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.
  • Failure to act in accordance with the MPowered Mortgages panel terms, the written instructions that MPowered Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which MPowered Mortgages may subsequently subscribe.
  • Persistent delays in post completion requirements on behalf of MPowered Mortgages
  • Breaches of MPowered Mortgages conveyancing panel Terms and Conditions

Questions MPowered Mortgages panel reinstatement firms ask us

  • What are the consequences if our MPowered Mortgages panel reinstatement application is refused and our client has a mortgage offer with the MPowered Mortgages?
  • Are you able to explain why my firm’s application for reinstatement was refused?
  • What is the application process to be reinstated onto the MPowered Mortgages conveyancing panel?
  • Does my practice need to apply annually to remain on the MPowered Mortgages conveyancing panel?
  • Who should sign the reinstatement application to the MPowered Mortgages panel ?

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

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