Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated
- Breaches of The Mortgage Lender conveyancing panel requirements
- Significant delays in registering security on behalf of The Mortgage Lender Delays or failure to register the The Mortgage Lender charge may result in referral to external lawyers of The Mortgage Lender to complete outstanding requirements.
- Non-compliance with the The Mortgage Lender panel requirements, the written instructions that The Mortgage Lender give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which The Mortgage Lender may subsequently subscribe.
- Your law firm fails to meet the criteria to remain on the The Mortgage Lender conveyancing panel
- Persistent delays in post completion requirements set by The Mortgage Lender
The Mortgage Lender Conveyancing Panel Reinstatement: Common Questions
- Am I restricted as to the amount of occasions my law firm can submit applications to be reinstated on the The Mortgage Lender conveyancing panel?
- Is there a charge to be reinstated onto the The Mortgage Lender conveyancing panel?
- What is the application process to be reinstated onto the The Mortgage Lender conveyancing panel?
- Do any avenues remain open if our reinstatement panel submission with The Mortgage Lender is turned down?
- Can we act for The Mortgage Lender while the application for reinstatement on the The Mortgage Lender panel is being reviewed? How do I find out if our reinstatement appeal to the The Mortgage Lender panel is approved?
Top Tip: The best way to avoid the hassle of seeking The Mortgage Lender panel reinstatement is to ensure that your firm is not removed off of the The Mortgage Lender 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 Lender conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to The Mortgage Lender 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 Lender conveyancing panel.