Removal from the MPowered Mortgages and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the MPowered Mortgages convincing panel
- Significant delays in post completion requirements on behalf of MPowered Mortgages
- Breaches of MPowered Mortgages conveyancing panel requirements
- Non-compliance 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 adopt.
- 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.
How can we assist? MPowered Mortgages panel reinstatement questions
- Can we appeal if our application for reinstatement was refused?
- How often will this firm be required to re-apply to be reinstated on the MPowered Mortgages conveyancing panel?
- Can you outline the application protocol to be reinstated onto the MPowered Mortgages conveyancing panel?
- How long does the application process take when applying to be reinstated onto the MPowered Mortgages conveyancing panel?
- Can we act for MPowered Mortgages while the application for reinstatement on the MPowered Mortgages panel is being processed? How do I know if our reinstatement appeal to the MPowered Mortgages panel is accepted?
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 appointed 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.