Removal from the Bluestone Mortgages and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements set by Bluestone Mortgages
- Significant delays in registering security on behalf of Bluestone Mortgages Delays or failure to register the Bluestone Mortgages charge may result in referral to external lawyers of Bluestone Mortgages to complete outstanding requirements.
- Your law firm fails to meet the criteria to remain on the Bluestone Mortgages conveyancing panel
- Non-compliance with the Bluestone Mortgages panel requirements, the written instructions that Bluestone Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bluestone Mortgages may subsequently adopt.
- Breaches of Bluestone Mortgages conveyancing panel requirements
Bluestone Mortgages panel reinstatement : questions that we get asked
- Is there a limit to the number of occasions my firm can apply to be reinstated on the Bluestone Mortgages conveyancing panel?
- Is there a charge to revert back onto the Bluestone Mortgages conveyancing panel?
- Can this firm act for Bluestone Mortgages while the application for reinstatement on the Bluestone Mortgages panel is being reviewed? How do I find out if our reinstatement appeal to the Bluestone Mortgages panel is accepted?
- Please can you set out the application process to revert back onto the Bluestone Mortgages conveyancing panel?
- What will happen if our Bluestone Mortgages panel reinstatement application is rejected and our client has a mortgage offer with the Bluestone Mortgages?
Top Tip: The best way to avoid the hassle of seeking Bluestone Mortgages panel reinstatement is to ensure that your firm is not removed off of the Bluestone 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 Bluestone Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bluestone 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 Bluestone Mortgages conveyancing panel.