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
- Recurring delays in post completion requirements on behalf of The Mortgage Works
- Breaches of The Mortgage Works conveyancing panel Terms and Conditions
- Failure to act in accordance with the The Mortgage Works panel terms, the written instructions that The Mortgage Works provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which The Mortgage Works may subsequently adopt.
- 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.
Common questions about The Mortgage Works conveyancing panel reinstatement
- Can this firm act for The Mortgage Works while the application for reinstatement on the The Mortgage Works panel is being processed? How do I discover if our reinstatement application to the The Mortgage Works panel is accepted?
- Is it possible to find out this practice’s application for reinstatement was declined?
- What happens if our The Mortgage Works panel reinstatement application is refused and the client of the firm has a mortgage offer with the The Mortgage Works?
- Does my practice need to apply annually to be reinstated on the The Mortgage Works conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with The Mortgage Works is refused?
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.