Removal from the Bluestone Mortgages and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to act in accordance 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.
- 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 practice no longer meets the criteria to remain on the Bluestone Mortgages conveyancing panel
- Breaches of Bluestone Mortgages conveyancing panel requirements
How can we assist? Bluestone Mortgages panel reinstatement questions
- What times frames are involved when applying to revert back onto the Bluestone Mortgages conveyancing panel?
- Does my practice need to apply annually to remain on the Bluestone Mortgages conveyancing panel?
- What are the next steps open to me if our Bluestone Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Bluestone Mortgages?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Bluestone Mortgages is rejected?
- Am I restricted as to the amount of times my practice can submit applications to be reinstated on the Bluestone Mortgages conveyancing panel?
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.