Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the The Mortgage Works conveyancing panel
- Persistent non-compliance with post completion requirements on behalf of The Mortgage Works
- The Mortgage Works 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.
- Failure to reapply to remain on the The Mortgage Works convincing panel
- Failure to act in accordance with the The Mortgage Works panel requirements, the written instructions that The Mortgage Works give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which The Mortgage Works may subsequently subscribe.
The Mortgage Works panel reinstatement: Five Common Questions
- To what extent is my firm permanently excluded if our reinstatement panel application with The Mortgage Works is refused?
- Can this firm act for The Mortgage Works while the application for reinstatement on the The Mortgage Works panel is being assessed? How do I know if our reinstatement application to the The Mortgage Works panel is accepted?
- How do I discover why our application for reinstatement was refused?
- Does the COLP in my firm need to sign the reinstatement application to the The Mortgage Works panel ?
- How long does the application process take when applying to revert back onto 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.