Removal from the April Mortgages and other lender panels: Why they do it and how to get reinstated
- April Mortgages 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.
- Missing deadline to reapply to remain on the April Mortgages convincing panel
- 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.
- Your firm fails to meet the criteria to remain on the April Mortgages conveyancing panel
- Non-compliance with the April Mortgages panel requirements, the written instructions that April Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which April Mortgages may subsequently adopt.
Frequently asked questions concerning April Mortgages panel reinstatement
- What will happen if our April Mortgages panel reinstatement application is rejected and our client has a mortgage offer with the April Mortgages?
- Does my practice need to apply annually to be reinstated on the April Mortgages conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with April Mortgages is declined?
- Can you outline the application protocol to be reinstated onto the April Mortgages conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the April Mortgages 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.