Removal from the The Mortgage Business and other lender panels: Why they do it and how to get reinstated
- Breaches of The Mortgage Business conveyancing panel Terms and Conditions
- 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 post completion requirements on behalf of The Mortgage Business
- Failure to reapply to be on the The Mortgage Business convincing panel
- Non-compliance 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 adopt.
The Mortgage Business panel reinstatement: Five Common Questions
- Does my practice need to apply annually to remain on the The Mortgage Business conveyancing panel?
- How long does the application process take when applying to be reinstated onto the The Mortgage Business conveyancing panel?
- What will happen if our The Mortgage Business panel reinstatement application is refused and our client has a mortgage offer with the The Mortgage Business?
- How do I discover why my firm’s application for reinstatement is declined?
- Is there a charge 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 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 The Mortgage Business conveyancing panel.