Removal from the Rooftop Mortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of Rooftop Mortgages conveyancing panel requirements
- Rooftop 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 security on behalf of Rooftop Mortgages Delays or failure to register the Rooftop Mortgages charge may result in referral to external lawyers of Rooftop Mortgages to complete outstanding requirements.
- Failure to reapply to be on the Rooftop Mortgages convincing panel
- Your firm fails to meet the criteria to remain on the Rooftop Mortgages conveyancing panel
Rooftop Mortgages Conveyancing Panel Reinstatement: Common Questions
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Rooftop Mortgages is turned down?
- Does the COLP in my firm need to sign the reinstatement application to the Rooftop Mortgages panel ?
- What is the application process to be reinstated onto the Rooftop Mortgages conveyancing panel?
- What happens if our Rooftop Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage application with the Rooftop Mortgages?
- How often will this firm be required to re-apply to remain on the Rooftop Mortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Rooftop Mortgages panel reinstatement is to ensure that your firm is not removed off of the Rooftop 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 Rooftop Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Rooftop 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 Rooftop Mortgages conveyancing panel.