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
  • Failure to reapply to be on the The Mortgage Business convincing panel
  • Your firm 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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Recurring delays in registering security 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.

Frequently asked questions concerning The Mortgage Business panel reinstatement

  • Am I restricted as to the number of times my practice can submit applications to get back on the The Mortgage Business conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the The Mortgage Business panel ?
  • Is there a charge to be reinstated onto the The Mortgage Business conveyancing panel?
  • How often will this firm be required to re-apply to remain on the The Mortgage Business conveyancing panel?
  • Can we act for The Mortgage Business while the appeal for reinstatement on the The Mortgage Business panel is being reviewed? How do I discover if our reinstatement application to the The Mortgage Business panel is approved?

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.

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