Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Your firm fails to meet the criteria to remain on the The Mortgage Lender conveyancing panel
- Non-compliance 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 adopt.
- 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.
- Missing deadline to reapply to remain on the The Mortgage Lender convincing panel
FAQs : The Mortgage Lender Conveyancing panel reinstatement
- 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 find out if our reinstatement application to the The Mortgage Lender panel is accepted?
- Is there a charge to be reinstated onto the The Mortgage Lender conveyancing panel?
- What times frames are involved when applying to be reinstated onto the The Mortgage Lender conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with The Mortgage Lender is refused?
- Can you outline the application process to revert back onto 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.