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Help! - How does my firm get reinstated on the The Mortgage Lender panel?

Top reasons law firms require reinstatement onto the The Mortgage Lender conveyancing panel

  1. Failure to act in accordance with the The Mortgage Lender panel terms, the written instructions that The Mortgage Lender provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which The Mortgage Lender may subsequently subscribe.
  2. The Mortgage Lender 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.
  3. Missing deadline to reapply to remain on the The Mortgage Lender convincing panel
  4. Your law firm no longer meets the criteria to remain on the The Mortgage Lender conveyancing panel
  5. Recurring delays in registering a charge 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.

The Mortgage Lender panel reinstatement : questions that we get asked

  1. What happens if our The Mortgage Lender panel reinstatement application is turned down and the client of the firm has a mortgage application with the The Mortgage Lender?
  2. Do any avenues remain open if our reinstatement panel submission with The Mortgage Lender is refused?
  3. Is there a limit to the amount of times my practice can apply to be reinstated on the The Mortgage Lender conveyancing panel?
  4. Is it possible to find out this practice’s application for reinstatement is refused?
  5. Can this firm act for The Mortgage Lender while the application for reinstatement on the The Mortgage Lender panel is being reviewed? How do I discover if our reinstatement appeal to the The Mortgage Lender panel is accepted?

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.