Removal from the Rely Mortgages and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Rely Mortgages convincing 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 adopt.
- Rely Mortgages may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Breaches of Rely Mortgages conveyancing panel Terms and Conditions
- Your law firm no longer meets the criteria to remain on the Rely Mortgages conveyancing panel
Top questions concerning Rely Mortgages panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the Rely Mortgages panel ?
- To what extent is my firm permanently excluded if our reinstatement panel application with Rely Mortgages is refused?
- Can we act for Rely Mortgages while the appeal for reinstatement on the Rely Mortgages panel is being reviewed? How do I know if our reinstatement appeal to the Rely Mortgages panel is accepted?
- How often will this firm be required to re-apply to be reinstated on the Rely Mortgages conveyancing panel?
- How long does the application process take 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 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 Rely Mortgages conveyancing panel.