Removal from the The Mortgage Works and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Persistent delays in post completion requirements set by The Mortgage Works
- Failure to reapply to be on the The Mortgage Works convincing panel
- Breaches of The Mortgage Works conveyancing panel Terms and Conditions
- 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.
The Mortgage Works panel reinstatement: Five Common Questions
- Does the COLP in my firm need to complete the reinstatement application to the The Mortgage Works panel ?
- Does my practice need to apply annually to be reinstated on the The Mortgage Works conveyancing panel?
- What are the consequences if our The Mortgage Works panel reinstatement application is rejected and our client has a mortgage offer with the The Mortgage Works?
- Please can you set out the application protocol to revert back onto the The Mortgage Works conveyancing panel?
- 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 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.