Removal from the Rely Mortgages and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering a charge on behalf of Rely Mortgages Delays or failure to register the Rely Mortgages charge may result in referral to external lawyers of Rely Mortgages to complete outstanding requirements.
- Non-compliance with the Rely Mortgages panel terms, the written instructions that Rely Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Rely Mortgages may subsequently adopt.
- Breaches of Rely Mortgages conveyancing panel requirements
- Persistent non-compliance with post completion requirements set by Rely Mortgages
- Your firm fails to meet the criteria to remain on the Rely Mortgages conveyancing panel
FAQs : Rely Mortgages Conveyancing panel reinstatement
- What times frames are involved when applying to revert back onto the Rely Mortgages conveyancing panel?
- Does my practice need to apply annually to remain on the Rely Mortgages conveyancing panel?
- Please can you set out the application procedures to be reinstated onto the Rely Mortgages conveyancing panel?
- What will happen if our Rely Mortgages panel reinstatement application is turned down and our client has a mortgage offer with the Rely Mortgages?
- Is the door firmly shut if our reinstatement panel application with Rely Mortgages is refused?
Top Tip: The best way to avoid the hassle of seeking Rely Mortgages panel reinstatement is to ensure that your firm is not removed off of the Rely 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 Rely Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Rely Mortgages 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 Rely Mortgages conveyancing panel.