Removal from the New Street Mortgages and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security on behalf of New Street Mortgages Delays or failure to register the New Street Mortgages charge may result in referral to external lawyers of New Street Mortgages to complete outstanding requirements.
- Missing deadline to reapply to remain on the New Street Mortgages convincing panel
- Breaches of New Street Mortgages conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements on behalf of New Street Mortgages
- Your law firm no longer meets the criteria to remain on the New Street Mortgages conveyancing panel
New Street Mortgages panel reinstatement : questions that we get asked
- Please can you set out the application protocol to revert back onto the New Street Mortgages conveyancing panel?
- What happens if our New Street Mortgages panel reinstatement application is turned down and our client has a mortgage offer with the New Street Mortgages?
- Does my practice need to apply annually to be reinstated on the New Street Mortgages conveyancing panel?
- How long does the application process take when applying to be reinstated onto the New Street Mortgages conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the New Street Mortgages panel ?
Top Tip: The best way to avoid the hassle of seeking New Street Mortgages panel reinstatement is to ensure that your firm is not removed off of the New Street 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 New Street Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to New Street 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 New Street Mortgages conveyancing panel.