Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated

  • 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.
  • Breaches of The Mortgage Lender conveyancing panel requirements
  • Non-compliance with the The Mortgage Lender panel terms, 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 adopt.
  • Your law firm fails to meet the criteria to remain on the The Mortgage Lender conveyancing panel
  • Recurring non-compliance with post completion requirements set by The Mortgage Lender

The Mortgage Lender panel reinstatement : You have questions, we have answers

  • Is there a charge to revert back onto the The Mortgage Lender conveyancing panel?
  • Is there a limit to the amount of occasions my practice can apply to get back on the The Mortgage Lender conveyancing panel?
  • To what extent is my firm permanently excluded if our reinstatement panel application with The Mortgage Lender is refused?
  • Is it possible to find out this practice’s application for reinstatement is declined?
  • Does my practice need to apply annually to remain on the The Mortgage Lender conveyancing panel?

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.

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