Removal from the Bluestone Mortgages and other lender panels: Why they do it and how to get reinstated
- 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.
- 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 adopt.
- 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.
- Breaches of Bluestone Mortgages conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Bluestone Mortgages convincing panel
Common questions about Bluestone Mortgages conveyancing panel reinstatement
- What is the application protocol to be reinstated onto the Bluestone Mortgages conveyancing panel?
- Is there a charge to revert back onto the Bluestone Mortgages conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Bluestone Mortgages panel ?
- What are the next steps open to me if our Bluestone Mortgages panel reinstatement application is refused and the client of the firm has a mortgage application with the Bluestone Mortgages?
- Is there a limit to the number of times my practice can apply 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 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.