Removal from the Rooftop Mortgages and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Rooftop Mortgages conveyancing panel
- Significant non-compliance with post completion requirements set by Rooftop Mortgages
- Rooftop 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.
- Failure to reapply to remain on the Rooftop Mortgages convincing panel
- Non-compliance with the Rooftop Mortgages panel terms, the written instructions that Rooftop Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Rooftop Mortgages may subsequently subscribe.
Rooftop Mortgages Conveyancing Panel Reinstatement: Common Questions
- Who should sign the reinstatement application to the Rooftop Mortgages panel ?
- What happens if our Rooftop Mortgages panel reinstatement application is declined and the client of the firm has a mortgage application with the Rooftop Mortgages?
- Does my practice need to apply annually to remain on the Rooftop Mortgages conveyancing panel?
- Is there a charge to revert back onto the Rooftop Mortgages conveyancing panel?
- Am I restricted as to the number of occasions my law firm can submit applications to be reinstated 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.