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

  • Persistent delays in post completion requirements on behalf of New Street Mortgages
  • Breaches of New Street Mortgages conveyancing panel Terms and Conditions
  • Your firm fails to meet the criteria to remain on the New Street Mortgages conveyancing panel
  • Failure to reapply to remain on the New Street Mortgages convincing panel
  • New Street 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.

New Street Mortgages panel reinstatement : You have questions, we have answers

  • Is it the practice manager who is required to complete the reinstatement application to the New Street Mortgages panel ?
  • Can you outline the application process to be reinstated onto the New Street Mortgages conveyancing panel?
  • How often will this firm be required to re-apply to remain on the New Street Mortgages conveyancing panel?
  • What times frames are involved when applying to be reinstated onto the New Street Mortgages conveyancing panel?
  • Is there a cost to revert back onto the New Street Mortgages conveyancing 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.

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