Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the The Mortgage Works conveyancing panel
- 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.
- 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.
- Breaches of The Mortgage Works conveyancing panel Terms and Conditions
- Failure to reapply to be on the The Mortgage Works convincing panel
The Mortgage Works Conveyancing Panel Reinstatement: Common Questions
- Does the COLP in my firm need to complete the reinstatement application to the The Mortgage Works panel ?
- How often will this firm be required to re-apply to remain on the The Mortgage Works conveyancing panel?
- Can you outline the application process to revert back onto the The Mortgage Works conveyancing panel?
- What will happen if our The Mortgage Works panel reinstatement application is turned down and the client of the firm has a mortgage offer with the The Mortgage Works?
- Is there a cost to be reinstated 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.