Removal from the Fleet Mortgages and other lender panels: Why they do it and how to get reinstated

  • Recurring delays in registering security 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.
  • Fleet 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.
  • Non-compliance with the Fleet Mortgages panel terms, 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.
  • Failure to reapply to remain on the Fleet Mortgages convincing panel
  • Breaches of Fleet Mortgages conveyancing panel Terms and Conditions

Fleet Mortgages panel reinstatement: Five Common Questions

  • Is there a cost to be reinstated onto the Fleet Mortgages conveyancing panel?
  • Can you outline the application procedures to be reinstated onto the Fleet Mortgages conveyancing panel?
  • Is it the practice manager who is required to sign the reinstatement application to the Fleet Mortgages panel ?
  • How often will this firm be required to re-apply to be reinstated on the Fleet Mortgages conveyancing panel?
  • Is there a limit to the number of occasions my practice can apply to be reinstated on 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 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.

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