Removal from the Precise Mortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of Precise Mortgages conveyancing panel Terms and Conditions
- Precise Mortgages 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.
- Persistent delays in registering a charge on behalf of Precise Mortgages Delays or failure to register the Precise Mortgages charge may result in referral to external lawyers of Precise Mortgages to complete outstanding requirements.
- Your firm fails to meet the criteria to remain on the Precise Mortgages conveyancing panel
- Significant delays in post completion requirements set by Precise Mortgages
Precise Mortgages Conveyancing Panel Reinstatement: Common Questions
- What is the application protocol to be reinstated onto the Precise Mortgages conveyancing panel?
- Is there a limit to the amount of times my law firm can submit applications to be reinstated on the Precise Mortgages conveyancing panel?
- Can this firm act for Precise Mortgages while the appeal for reinstatement on the Precise Mortgages panel is being processed? How do I find out if our reinstatement appeal to the Precise Mortgages panel is accepted?
- Are you able to explain why our application for reinstatement is turned down?
- Is it the practice manager who is required to complete the reinstatement application to the Precise Mortgages panel ?
Top Tip: The best way to avoid the hassle of seeking Precise Mortgages panel reinstatement is to ensure that your firm is not removed off of the Precise Mortgages 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 Precise Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Precise Mortgages 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 Precise Mortgages conveyancing panel.