Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of The Mortgage Lender
- Breaches of The Mortgage Lender conveyancing panel Terms and Conditions
- Your firm fails to meet the criteria to remain on the The Mortgage Lender conveyancing panel
- Failure to reapply to be on the The Mortgage Lender convincing panel
- The Mortgage Lender 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.
The Mortgage Lender panel reinstatement: Five Common Questions
- What times frames are involved when applying to revert back onto the The Mortgage Lender conveyancing panel?
- Who should complete the reinstatement application to the The Mortgage Lender panel ?
- Please can you set out the application protocol to be reinstated onto the The Mortgage Lender conveyancing panel?
- 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 application to the The Mortgage Lender panel is approved?
- What are the consequences if our The Mortgage Lender panel reinstatement application is refused and our client has a mortgage offer with the The Mortgage Lender?
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.