Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Breaches of The Mortgage Works conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements set by The Mortgage Works
- Failure to reapply to be on the The Mortgage Works convincing panel
- Failure to act in accordance with the The Mortgage Works panel terms, 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.
- Significant 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.
The Mortgage Works panel reinstatement : questions that we get asked
- Is the door firmly shut if my firm’s reinstatement panel submission with The Mortgage Works is turned down?
- Is it the practice manager who is required to complete the reinstatement application to the The Mortgage Works panel ?
- Can this firm act for The Mortgage Works while the appeal for reinstatement on the The Mortgage Works panel is being progressed? How do I find out if our reinstatement application to the The Mortgage Works panel is accepted?
- Am I restricted as to the number of occasions my firm can apply to get back on the The Mortgage Works conveyancing panel?
- Can we appeal if our application for reinstatement is turned down?
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 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 Works conveyancing panel.