Removal from the The Mortgage Business and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the The Mortgage Business convincing panel
- Persistent delays in registering a charge on behalf of The Mortgage Business Delays or failure to register the The Mortgage Business charge may result in referral to external lawyers of The Mortgage Business to complete outstanding requirements.
- Failure to act in accordance with the The Mortgage Business panel terms, the written instructions that The Mortgage Business give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which The Mortgage Business may subsequently subscribe.
- The Mortgage Business 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 firm fails to meet the criteria to remain on the The Mortgage Business conveyancing panel
The Mortgage Business panel reinstatement : You have questions, we have answers
- Am I restricted as to the amount of times my practice can submit applications to get back on the The Mortgage Business conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the The Mortgage Business panel ?
- Is it possible to find out my firm’s application for reinstatement was rejected?
- Does my practice need to apply annually to remain on the The Mortgage Business conveyancing panel?
- Can you outline the application procedures to revert back onto the The Mortgage Business conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking The Mortgage Business panel reinstatement is to ensure that your firm is not removed off of the The Mortgage Business 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 The Mortgage Business conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to The Mortgage Business 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 The Mortgage Business conveyancing panel.