Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Astra Mortgages panel requirements, the written instructions that Astra Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Astra Mortgages may subsequently adopt.
- Recurring delays in registering security on behalf of Astra Mortgages Delays or failure to register the Astra Mortgages charge may result in referral to external lawyers of Astra Mortgages to complete outstanding requirements.
- Missing deadline to reapply to remain on the Astra Mortgages convincing panel
- Your firm no longer meets the criteria to remain on the Astra Mortgages conveyancing panel
- Persistent delays in post completion requirements set by Astra Mortgages
Questions Astra Mortgages panel reinstatement firms ask us
- Does the COLP in my firm need to sign the reinstatement application to the Astra Mortgages panel ?
- Is it possible to find out our application for reinstatement is rejected?
- Is there a charge to revert back onto the Astra Mortgages conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Astra Mortgages conveyancing panel?
- What times frames are involved when applying to revert back onto the Astra Mortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Astra Mortgages panel reinstatement is to ensure that your firm is not removed off of the Astra 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 Astra Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Astra Mortgages 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 Astra Mortgages conveyancing panel.