Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the The Mortgage Works convincing panel
- Persistent non-compliance with post completion requirements on behalf of The Mortgage Works
- Recurring delays in registering a charge 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.
- 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 adopt.
- Breaches of The Mortgage Works conveyancing panel requirements
How can we assist? The Mortgage Works panel reinstatement questions
- What happens if our The Mortgage Works panel reinstatement application is declined and our client has a mortgage offer with the The Mortgage Works?
- Is there a fee to revert back onto the The Mortgage Works conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the The Mortgage Works panel ?
- What times frames are involved when applying to revert back onto the The Mortgage Works conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement is rejected?
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.