Removal from the April Mortgages and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security on behalf of April Mortgages Delays or failure to register the April Mortgages charge may result in referral to external lawyers of April Mortgages to complete outstanding requirements.
- April Mortgages 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.
- Your firm fails to meet the criteria to remain on the April Mortgages conveyancing panel
- Persistent non-compliance with post completion requirements set by April Mortgages
- Missing deadline to reapply to remain on the April Mortgages convincing panel
April Mortgages panel reinstatement: Five Common Questions
- To what extent is my firm permanently excluded if our reinstatement panel submission with April Mortgages is refused?
- Is there a limit to the number of occasions my firm can submit applications to get back on the April Mortgages conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the April Mortgages panel ?
- What happens if our April Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage application with the April Mortgages?
- Is there a cost to revert back onto the April Mortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking April Mortgages panel reinstatement is to ensure that your firm is not removed off of the April Mortgages 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 April Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to April Mortgages 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 April Mortgages conveyancing panel.