Removal from the Fleet Mortgages and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Fleet Mortgages panel requirements, the written instructions that Fleet Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Fleet Mortgages may subsequently subscribe.
- Recurring non-compliance with post completion requirements set by Fleet Mortgages
- Significant delays in registering a charge on behalf of Fleet Mortgages Delays or failure to register the Fleet Mortgages charge may result in referral to external lawyers of Fleet Mortgages to complete outstanding requirements.
- Your law firm fails to meet the criteria to remain on the Fleet Mortgages conveyancing panel
- Breaches of Fleet Mortgages conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning Fleet Mortgages panel reinstatement
- Please can you set out the application protocol to be reinstated onto the Fleet Mortgages conveyancing panel?
- Is there a fee to be reinstated onto the Fleet Mortgages conveyancing panel?
- Who should complete the reinstatement application to the Fleet Mortgages panel ?
- Am I restricted as to the number of occasions my law firm can submit applications to get back on the Fleet Mortgages conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Fleet Mortgages is rejected?
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 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 Fleet Mortgages conveyancing panel.