Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated
- 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 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.
- Failure to reapply to be on the The Mortgage Lender convincing panel
- Significant non-compliance with post completion requirements on behalf of The Mortgage Lender
- Breaches of The Mortgage Lender conveyancing panel requirements
Common questions about The Mortgage Lender conveyancing panel reinstatement
- Are you able to explain why our application for reinstatement was rejected?
- How long does the application process take when applying to revert back onto the The Mortgage Lender conveyancing panel?
- What will happen if our The Mortgage Lender panel reinstatement application is refused and the client of the firm has a mortgage offer with the The Mortgage Lender?
- Is the door firmly shut if our reinstatement panel submission with The Mortgage Lender is declined?
- Can this firm act for The Mortgage Lender while the appeal for reinstatement on the The Mortgage Lender panel is being reviewed? How do I know if our reinstatement application 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 preferred 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.