Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- 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.
- Recurring delays in post completion requirements on behalf of Astra Mortgages
- Breaches of Astra Mortgages conveyancing panel requirements
- 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
Frequently asked questions concerning Astra Mortgages panel reinstatement
- Is there a limit to the amount of times my law firm can apply to be reinstated on the Astra Mortgages conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Astra Mortgages is declined?
- How do I discover why our application for reinstatement is declined?
- How often will this firm be required to re-apply to remain on the Astra Mortgages conveyancing panel?
- Can this firm act for Astra Mortgages while the application for reinstatement on the Astra Mortgages panel is being reviewed? How do I know if our reinstatement application to the Astra Mortgages panel is accepted?
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.