Removal from the Fleet Mortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of Fleet Mortgages conveyancing panel Terms and Conditions
- Your law firm fails to meet the criteria to remain on the Fleet Mortgages conveyancing panel
- Persistent non-compliance with post completion requirements on behalf of Fleet Mortgages
- Fleet 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 Fleet Mortgages panel requirements, the written instructions that Fleet Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Fleet Mortgages may subsequently adopt.
How can we assist? Fleet Mortgages panel reinstatement questions
- Please can you set out the application process to revert back onto the Fleet Mortgages conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Fleet Mortgages panel ?
- Is the door firmly shut if my firm’s reinstatement panel submission with Fleet Mortgages is declined?
- What will happen if our Fleet Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Fleet Mortgages?
- Is there a charge to revert back onto the Fleet Mortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Fleet Mortgages panel reinstatement is to ensure that your firm is not removed off of the Fleet 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 Fleet Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Fleet 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 Fleet Mortgages conveyancing panel.