Removal from the The Mortgage Lender and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the The Mortgage Lender convincing panel
- Breaches of The Mortgage Lender conveyancing panel Terms and Conditions
- Persistent 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 provides false answers in its application form or in relation to any future requests for information.
- Your practice fails to meet the criteria to remain on the The Mortgage Lender conveyancing panel
Common questions about The Mortgage Lender conveyancing panel reinstatement
- Am I restricted as to the number of times my law firm can apply to get back on the The Mortgage Lender conveyancing panel?
- Can this firm act for The Mortgage Lender while the appeal for reinstatement on the The Mortgage Lender panel is being progressed? How do I find out if our reinstatement application to the The Mortgage Lender panel is approved?
- Is it possible to find out our application for reinstatement was turned down?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with The Mortgage Lender is rejected?
- Is there a cost to be reinstated 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.