Removal from the Rooftop Mortgages and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Rooftop Mortgages panel requirements, the written instructions that Rooftop Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Rooftop Mortgages may subsequently adopt.
- 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.
- Your practice no longer meets the criteria to remain on the Rooftop Mortgages conveyancing panel
- Breaches of Rooftop Mortgages conveyancing panel Terms and Conditions
- Failure to reapply to be on the Rooftop Mortgages convincing panel
Common questions about Rooftop Mortgages conveyancing panel reinstatement
- What is the application protocol to be reinstated onto the Rooftop Mortgages conveyancing panel?
- What will happen if our Rooftop Mortgages panel reinstatement application is rejected 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 be reinstated on the Rooftop Mortgages conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Rooftop Mortgages panel ?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Rooftop Mortgages is turned down?
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.