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

  • Non-compliance with the MPowered Mortgages panel requirements, 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.
  • Your practice fails to meet the criteria to remain on the MPowered Mortgages conveyancing panel
  • Significant delays in registering security 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.
  • Failure to reapply to remain on the MPowered Mortgages convincing panel
  • Recurring non-compliance with post completion requirements set by MPowered Mortgages

Questions MPowered Mortgages panel reinstatement firms ask us

  • How do I discover why my firm’s application for reinstatement is refused?
  • What happens if our MPowered Mortgages panel reinstatement application is declined and the client of the firm has a mortgage application with the MPowered Mortgages?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with MPowered Mortgages is refused?
  • Am I restricted as to the number of occasions my firm can submit applications to get back on the MPowered Mortgages conveyancing panel?
  • What times frames are involved when applying to revert back onto the MPowered Mortgages conveyancing 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 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.

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