Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Astra Mortgages conveyancing panel
- Failure to act in accordance 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 adopt.
- Breaches of Astra Mortgages conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Astra Mortgages convincing panel
- Recurring 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.
Answers to Frequently asked questions concerning Astra Mortgages panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the Astra Mortgages panel ?
- Can we appeal if our application for reinstatement was turned down?
- What are our options if my firm’s reinstatement panel application with Astra Mortgages is refused?
- Is there a limit to the number of times my practice can apply to be reinstated on the Astra Mortgages conveyancing panel?
- Does my practice need to apply annually to be reinstated on 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.