Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Breaches of Astra Mortgages conveyancing panel Terms and Conditions
- Missing deadline to reapply to remain on the Astra Mortgages convincing panel
- 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.
- Failure to act in accordance 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 subscribe.
Answers to Frequently asked questions concerning Astra Mortgages panel reinstatement
- Is there a fee to be reinstated onto the Astra Mortgages conveyancing panel?
- Can you outline the application protocol to be reinstated onto the Astra Mortgages conveyancing panel?
- What happens if our Astra Mortgages panel reinstatement application is refused and our client has a mortgage application with the Astra Mortgages?
- Can this firm act for Astra Mortgages while the application for reinstatement on the Astra Mortgages panel is being progressed? How do I know if our reinstatement application to the Astra Mortgages panel is approved?
- 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.