Removal from the Pepper Money (UK) and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Pepper Money (UK) panel terms, the written instructions that Pepper Money (UK) give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Pepper Money (UK) may subsequently subscribe.
- Pepper Money (UK) 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.
- Recurring non-compliance with post completion requirements on behalf of Pepper Money (UK)
- Missing deadline to reapply to be on the Pepper Money (UK) convincing panel
- Breaches of Pepper Money (UK) conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning Pepper Money (UK) panel reinstatement
- How often will this firm be required to re-apply to be reinstated on the Pepper Money (UK) conveyancing panel?
- Is there a limit to the amount of occasions my firm can submit applications to be reinstated on the Pepper Money (UK) conveyancing panel?
- What are our options if our reinstatement panel submission with Pepper Money (UK) is declined?
- Does the COLP in my firm need to complete the reinstatement application to the Pepper Money (UK) panel ?
- Can we appeal if my firm’s application for reinstatement is declined?
Top Tip: The best way to avoid the hassle of seeking Pepper Money (UK) panel reinstatement is to ensure that your firm is not removed off of the Pepper Money (UK) 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 (UK) conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Pepper Money (UK) directly or via their preferred 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 (UK) conveyancing panel.