Removal from the Newbury Mortgage Services and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Newbury Mortgage Services panel terms, the written instructions that Newbury Mortgage Services give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newbury Mortgage Services may subsequently adopt.
- Persistent non-compliance with post completion requirements on behalf of Newbury Mortgage Services
- Newbury Mortgage Services may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Breaches of Newbury Mortgage Services conveyancing panel requirements
- Your practice fails to meet the criteria to remain on the Newbury Mortgage Services conveyancing panel
Newbury Mortgage Services Conveyancing Panel Reinstatement: Common Questions
- Am I restricted as to the number of times my firm can apply to be reinstated on the Newbury Mortgage Services conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Newbury Mortgage Services conveyancing panel?
- Please can you set out the application procedures to be reinstated onto the Newbury Mortgage Services conveyancing panel?
- Can this firm act for Newbury Mortgage Services while the appeal for reinstatement on the Newbury Mortgage Services panel is being assessed? How do I know if our reinstatement application to the Newbury Mortgage Services panel is accepted?
- Does my practice need to apply annually to remain on the Newbury Mortgage Services conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Newbury Mortgage Services panel reinstatement is to ensure that your firm is not removed off of the Newbury Mortgage Services 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 Newbury Mortgage Services conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Newbury Mortgage Services 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 Newbury Mortgage Services conveyancing panel.