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
- Your law firm fails to meet the criteria to remain on the The Mortgage Works conveyancing panel
- Failure to act in accordance with the The Mortgage Works panel requirements, 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 subscribe.
- Recurring non-compliance with post completion requirements on behalf of The Mortgage Works
- 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.
The Mortgage Works panel reinstatement : You have questions, we have answers
- Can you outline the application process to revert back onto the The Mortgage Works conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel submission with The Mortgage Works is turned down?
- Can this firm act for The Mortgage Works while the application for reinstatement on the The Mortgage Works panel is being assessed? 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 times my law firm can apply to get back on the The Mortgage Works conveyancing panel?
- What times frames are involved when applying 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.