Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements set by The Mortgage Works
- The Mortgage Works 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.
- Breaches of The Mortgage Works conveyancing panel requirements
- Missing deadline to reapply to remain on the The Mortgage Works convincing panel
- Recurring delays in registering security on behalf of The Mortgage Works Delays or failure to register the The Mortgage Works charge may result in referral to external lawyers of The Mortgage Works to complete outstanding requirements.
How can we assist? The Mortgage Works panel reinstatement questions
- Can we act for The Mortgage Works while the application for reinstatement on the The Mortgage Works panel is being progressed? How do I discover if our reinstatement application to the The Mortgage Works panel is accepted?
- Is it the practice manager who is required to complete the reinstatement application to the The Mortgage Works panel ?
- Is the door firmly shut if my firm’s reinstatement panel application with The Mortgage Works is turned down?
- Is there a fee to be reinstated onto the The Mortgage Works conveyancing panel?
- Am I restricted as to the number of times my practice can submit applications to be reinstated on the The Mortgage Works conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking The Mortgage Works panel reinstatement is to ensure that your firm is not removed off of the The Mortgage Works 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 Works conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to The Mortgage Works 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 Works conveyancing panel.