Removal from the Pepper Money and other lender panels: Why they do it and how to get reinstated
- Pepper Money 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 Pepper Money conveyancing panel requirements
- Failure to act in accordance with the Pepper Money panel terms, the written instructions that Pepper Money give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Pepper Money may subsequently subscribe.
- Significant delays in registering security on behalf of Pepper Money Delays or failure to register the Pepper Money charge may result in referral to external lawyers of Pepper Money to complete outstanding requirements.
- Missing deadline to reapply to remain on the Pepper Money convincing panel
FAQs : Pepper Money Conveyancing panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Pepper Money is refused?
- What will happen if our Pepper Money panel reinstatement application is refused and our client has a mortgage application with the Pepper Money?
- Is it the practice manager who is required to sign the reinstatement application to the Pepper Money panel ?
- Is it possible to find out this practice’s application for reinstatement was turned down?
- Does my practice need to apply annually to be reinstated on the Pepper Money conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Pepper Money panel reinstatement is to ensure that your firm is not removed off of the Pepper Money 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 Pepper Money conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Pepper Money 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 Pepper Money conveyancing panel.