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.
- 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.
- Failure to reapply to be on the Bluestone Mortgages convincing 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.
- Persistent non-compliance with post completion requirements on behalf of Bluestone Mortgages
Frequently asked questions concerning Bluestone Mortgages panel reinstatement
- Am I restricted as to the number of times my practice can apply to be reinstated on the Bluestone Mortgages conveyancing panel?
- Can we appeal if this practice’s application for reinstatement is turned down?
- Who should sign the reinstatement application to the Bluestone Mortgages panel ?
- Is there a fee to be reinstated onto the Bluestone Mortgages conveyancing panel?
- What are the next steps open to me if our Bluestone Mortgages panel reinstatement application is rejected and our client has a mortgage application 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 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.