Removal from the Pepper Money (UK) and other lender panels: Why they do it and how to get reinstated

  • Significant delays in registering a charge on behalf of Pepper Money (UK) Delays or failure to register the Pepper Money (UK) charge may result in referral to external lawyers of Pepper Money (UK) to complete outstanding requirements.
  • 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 adopt.
  • Failure to reapply to remain on the Pepper Money (UK) convincing panel
  • 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.
  • Your firm no longer meets the criteria to remain on the Pepper Money (UK) conveyancing panel

Pepper Money (UK) panel reinstatement : questions that we get asked

  • Does the COLP in my firm need to complete the reinstatement application to the Pepper Money (UK) panel ?
  • How do I discover why my firm’s application for reinstatement was refused?
  • How often will this firm be required to re-apply to remain on the Pepper Money (UK) conveyancing panel?
  • What happens if our Pepper Money (UK) panel reinstatement application is refused and our client has a mortgage offer with the Pepper Money (UK)?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with Pepper Money (UK) is refused?

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 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 (UK) conveyancing panel.

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