Is your practice requiring help in being reinstated to the MPowered Mortgages panel?

There are a number of reasons why a law firm would be terminated from the MPowered Mortgages conveyancing panel. Here are a few:

  1. Breaches of MPowered Mortgages conveyancing panel Terms and Conditions
  2. Your law firm fails to meet the criteria to remain on the MPowered Mortgages conveyancing panel
  3. 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.
  4. Significant delays in registering a charge on behalf of MPowered Mortgages Delays or failure to register the MPowered Mortgages charge may result in referral to external lawyers of MPowered Mortgages to complete outstanding requirements.
  5. Persistent non-compliance with post completion requirements set by MPowered Mortgages

Common questions about MPowered Mortgages conveyancing panel reinstatement

  1. Is the door firmly shut if my firm’s reinstatement panel application with MPowered Mortgages is refused?
  2. Please can you set out the application protocol to revert back onto the MPowered Mortgages conveyancing panel?
  3. What times frames are involved when applying to be reinstated onto the MPowered Mortgages conveyancing panel?
  4. Does the COLP in my firm need to sign the reinstatement application to the MPowered Mortgages panel ?
  5. What are the next steps open to me if our MPowered Mortgages panel reinstatement application is refused and our client has a mortgage offer with the MPowered Mortgages?

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.