Removal from the Astra Mortgages and other lender panels: Why they do it and how to get reinstated

  • 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.
  • Missing deadline to reapply to be on the Astra Mortgages convincing panel
  • Astra Mortgages may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • 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.
  • Persistent delays in post completion requirements set by Astra Mortgages

Astra Mortgages panel reinstatement: Five Common Questions

  • Please can you set out the application procedures to be reinstated onto the Astra Mortgages conveyancing panel?
  • Is it possible to find out this practice’s application for reinstatement was refused?
  • What are the consequences if our Astra Mortgages panel reinstatement application is rejected and our client has a mortgage offer with the Astra Mortgages?
  • Is there a limit to the number of times my practice can apply to be reinstated on the Astra Mortgages conveyancing panel?
  • Does the COLP in my firm need to sign the reinstatement application to the Astra Mortgages 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.

Related Pages