Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Astra Mortgages conveyancing panel
- Failure to act in accordance with the Astra Mortgages panel requirements, 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.
- Recurring delays in post completion requirements on behalf of Astra Mortgages
- Failure to reapply to be on the Astra Mortgages convincing panel
- Breaches of Astra Mortgages conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning Astra Mortgages panel reinstatement
- Is there a fee to revert back onto the Astra Mortgages conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Astra Mortgages panel ?
- Can you outline the application process to be reinstated onto the Astra Mortgages conveyancing panel?
- What will happen if our Astra Mortgages panel reinstatement application is rejected and our client has a mortgage offer with the Astra Mortgages?
- How long does the application process take when applying to be reinstated 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.