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
- Significant delays in post completion requirements on behalf of Rooftop Mortgages
- Your law firm no longer meets the criteria to remain on the Rooftop Mortgages conveyancing panel
- Failure to act in accordance 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 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.
Answers to Frequently asked questions concerning Rooftop Mortgages panel reinstatement
- Can this firm act for Rooftop Mortgages while the appeal for reinstatement on the Rooftop Mortgages panel is being assessed? How do I know if our reinstatement application to the Rooftop Mortgages panel is approved?
- To what extent is my firm permanently excluded if our reinstatement panel application with Rooftop Mortgages is turned down?
- How long does the application process take when applying to be reinstated onto the Rooftop Mortgages conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement was declined?
- 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?
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 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 Rooftop Mortgages conveyancing panel.