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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Significant delays in post completion requirements on behalf of The Mortgage Lender
  • Recurring 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.
  • Failure to reapply to remain on the The Mortgage Lender convincing panel
  • Breaches of The Mortgage Lender conveyancing panel requirements

How can we assist? The Mortgage Lender panel reinstatement questions

  • Do any avenues remain open if my firm’s reinstatement panel application with The Mortgage Lender is rejected?
  • Am I restricted as to the amount of occasions my law firm can submit applications to get back on the The Mortgage Lender conveyancing panel?
  • What times frames are involved when applying to be reinstated onto the The Mortgage Lender conveyancing panel?
  • Is there a cost to revert back onto the The Mortgage Lender conveyancing panel?
  • Are you able to explain why this practice’s application for reinstatement was refused?

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.

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