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
- Non-compliance with the The Mortgage Works panel terms, 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 subscribe.
- 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 non-compliance with post completion requirements on behalf of The Mortgage Works
- Breaches of The Mortgage Works conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning The Mortgage Works panel reinstatement
- Can you outline the application procedures to revert back onto the The Mortgage Works conveyancing panel?
- Can we appeal if our application for reinstatement is turned down?
- Is there a limit to the number of times my practice can apply to be reinstated on the The Mortgage Works conveyancing panel?
- What times frames are involved when applying to be reinstated onto the The Mortgage Works conveyancing panel?
- What happens if our The Mortgage Works panel reinstatement application is rejected and the client of the firm has a mortgage offer with the The Mortgage Works?
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.