Removal from the Pepper Money (UK) and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Pepper Money (UK) convincing panel
- Your firm fails to meet the criteria to remain on the Pepper Money (UK) conveyancing panel
- Failure to act in accordance 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.
- Recurring non-compliance with post completion requirements set by Pepper Money (UK)
- 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.
Pepper Money (UK) panel reinstatement: Five Common Questions
- What are our options if our reinstatement panel application with Pepper Money (UK) is turned down?
- Can this firm act for Pepper Money (UK) while the appeal for reinstatement on the Pepper Money (UK) panel is being reviewed? How do I discover if our reinstatement application to the Pepper Money (UK) panel is approved?
- What are the next steps open to me if our Pepper Money (UK) panel reinstatement application is turned down and the client of the firm has a mortgage application with the Pepper Money (UK)?
- What times frames are involved when applying to be reinstated onto the Pepper Money (UK) conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Pepper Money (UK) panel ?
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.