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

  • Persistent 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.
  • Recurring delays in post completion requirements set by Bluestone Mortgages
  • Breaches of Bluestone Mortgages conveyancing panel Terms and Conditions
  • Bluestone 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.
  • Non-compliance with the Bluestone Mortgages panel terms, 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 subscribe.

FAQs : Bluestone Mortgages Conveyancing panel reinstatement

  • Can we appeal if this practice’s application for reinstatement is declined?
  • Is it the practice manager who is required to sign the reinstatement application to the Bluestone Mortgages panel ?
  • Does my practice need to apply annually to be reinstated on the Bluestone Mortgages conveyancing panel?
  • What are the consequences if our Bluestone Mortgages panel reinstatement application is rejected and our client has a mortgage application with the Bluestone Mortgages?
  • Can this firm act for Bluestone Mortgages while the application for reinstatement on the Bluestone Mortgages panel is being assessed? How do I discover if our reinstatement appeal to the Bluestone Mortgages panel is accepted?

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 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 Bluestone Mortgages conveyancing panel.

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