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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Missing deadline to reapply to be on the Bluestone Mortgages convincing panel
- 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.
- 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.
- Breaches of Bluestone Mortgages conveyancing panel Terms and Conditions
Top questions concerning Bluestone Mortgages panel reinstatement
- What times frames are involved when applying to revert back onto the Bluestone Mortgages conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is refused?
- What are the consequences if our Bluestone Mortgages panel reinstatement application is turned down and our client has a mortgage application with the Bluestone Mortgages?
- How often will this firm be required to re-apply to remain on the Bluestone Mortgages conveyancing panel?
- Is there a limit 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.