Removal from the Rely Mortgages and other lender panels: Why they do it and how to get reinstated
- 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.
- Missing deadline to reapply to be on the Rely Mortgages convincing panel
- Breaches of Rely Mortgages conveyancing panel requirements
- Your firm fails to meet the criteria to remain on the Rely Mortgages conveyancing panel
- Failure to act in accordance 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 subscribe.
Questions Rely Mortgages panel reinstatement firms ask us
- What are the consequences if our Rely Mortgages panel reinstatement application is refused and our client has a mortgage offer with the Rely Mortgages?
- Please can you set out the application protocol to revert back onto the Rely Mortgages conveyancing panel?
- Can we act for Rely Mortgages while the application for reinstatement on the Rely Mortgages panel is being assessed? How do I know if our reinstatement appeal to the Rely Mortgages panel is approved?
- Do any avenues remain open if my firm’s reinstatement panel submission with Rely Mortgages is refused?
- What times frames are involved when applying to be reinstated onto the Rely Mortgages conveyancing panel?
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.