Removal from the The Mortgage Business and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements set by The Mortgage Business
- Your practice fails to meet the criteria to remain on the The Mortgage Business conveyancing panel
- The Mortgage Business 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.
- Recurring 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.
- Breaches of The Mortgage Business conveyancing panel requirements
Top questions concerning The Mortgage Business panel reinstatement
- Can this firm act for The Mortgage Business while the application for reinstatement on the The Mortgage Business panel is being progressed? How do I discover if our reinstatement appeal to the The Mortgage Business panel is approved?
- What are the consequences if our The Mortgage Business panel reinstatement application is rejected and the client of the firm has a mortgage offer with the The Mortgage Business?
- Who should complete the reinstatement application to the The Mortgage Business panel ?
- How do I discover why my firm’s application for reinstatement is turned down?
- Do any avenues remain open if my firm’s reinstatement panel application with The Mortgage Business is declined?
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.