Removal from the Fleet Mortgages and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Fleet Mortgages conveyancing panel requirements
- 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.
- Failure to reapply to remain on the Fleet Mortgages convincing panel
- Recurring delays in post completion requirements set by Fleet Mortgages
Fleet Mortgages panel reinstatement : You have questions, we have answers
- Please can you set out the application procedures to be reinstated onto the Fleet Mortgages conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Fleet Mortgages panel ?
- What will happen if our Fleet Mortgages panel reinstatement application is turned down and our client has a mortgage offer with the Fleet Mortgages?
- How often will this firm be required to re-apply to remain on the Fleet Mortgages conveyancing panel?
- Is there a limit to the number of occasions my law firm can submit applications to get back 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 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.