Removal from the Rely Mortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of Rely Mortgages conveyancing panel requirements
- Non-compliance with the Rely Mortgages panel requirements, the written instructions that Rely Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Rely Mortgages may subsequently adopt.
- Persistent delays in post completion requirements set by Rely Mortgages
- Your firm fails to meet the criteria to remain on the Rely Mortgages conveyancing panel
- Rely 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.
Frequently asked questions concerning Rely Mortgages panel reinstatement
- What times frames are involved when applying to be reinstated onto the Rely Mortgages conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Rely Mortgages panel ?
- Am I restricted as to the number of times my firm can apply to be reinstated on the Rely Mortgages conveyancing panel?
- Can this firm act for Rely Mortgages while the application for reinstatement on the Rely Mortgages panel is being assessed? How do I find out if our reinstatement appeal to the Rely Mortgages panel is approved?
- What are our options if my firm’s reinstatement panel submission with Rely Mortgages is turned down?
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.