Removal from the Newbury Mortgage Services and other lender panels: Why they do it and how to get reinstated
- Newbury Mortgage Services 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.
- Breaches of Newbury Mortgage Services conveyancing panel requirements
- Your law firm fails to meet the criteria to remain on the Newbury Mortgage Services conveyancing panel
- 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.
- Missing deadline to reapply to be on the Newbury Mortgage Services convincing panel
Newbury Mortgage Services panel reinstatement : You have questions, we have answers
- Do any avenues remain open if our reinstatement panel application with Newbury Mortgage Services is turned down?
- What times frames are involved when applying to be reinstated onto the Newbury Mortgage Services conveyancing panel?
- Can you outline the application procedures to revert back onto the Newbury Mortgage Services conveyancing panel?
- Is there a fee to revert back onto the Newbury Mortgage Services conveyancing panel?
- Can we act for Newbury Mortgage Services while the application for reinstatement on the Newbury Mortgage Services panel is being progressed? How do I find out if our reinstatement application to the Newbury Mortgage Services panel is approved?
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.