Removal from the Bluestone Mortgages and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by Bluestone Mortgages
- Non-compliance with the Bluestone Mortgages panel requirements, the written instructions that Bluestone Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bluestone Mortgages may subsequently subscribe.
- Your firm fails to meet the criteria to remain on the Bluestone Mortgages conveyancing panel
- Bluestone 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 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.
How can we assist? Bluestone Mortgages panel reinstatement questions
- Does my practice need to apply annually to remain on the Bluestone Mortgages conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement was rejected?
- What happens if our Bluestone Mortgages panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Bluestone Mortgages?
- What is the application protocol to revert back onto the Bluestone Mortgages conveyancing panel?
- How long does the application process take when applying to revert back onto 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 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.