Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Astra Mortgages convincing panel
- Non-compliance with the Astra Mortgages panel terms, the written instructions that Astra Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Astra Mortgages may subsequently subscribe.
- Breaches of Astra Mortgages conveyancing panel requirements
- Persistent delays in registering a charge 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.
- Astra 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.
Top questions concerning Astra Mortgages panel reinstatement
- Can this firm act for Astra Mortgages while the application for reinstatement on the Astra Mortgages panel is being assessed? How do I find out if our reinstatement application to the Astra Mortgages panel is approved?
- What are our options if our reinstatement panel submission with Astra Mortgages is declined?
- Does my practice need to apply annually to remain on the Astra Mortgages conveyancing panel?
- Am I restricted as to the number of times my law firm can apply to be reinstated on the Astra Mortgages conveyancing panel?
- Can you outline the application protocol 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 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 Astra Mortgages conveyancing panel.