Removal from the Pepper Money and other lender panels: Why they do it and how to get reinstated
- Recurring 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.
- Recurring delays in post completion requirements on behalf of Pepper Money
- 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.
- 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.
- Your practice no longer meets the criteria to remain on the Pepper Money conveyancing panel
Pepper Money panel reinstatement : questions that we get asked
- Who should complete the reinstatement application to the Pepper Money panel ?
- Am I restricted as to the number of times my firm can submit applications to be reinstated on the Pepper Money conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Pepper Money conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Pepper Money is declined?
- Is there a fee to revert back onto 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.