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 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 remain on the Fleet Mortgages convincing panel
- Breaches of Fleet Mortgages conveyancing panel requirements
- Recurring 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 practice fails to meet the criteria to remain on the Fleet Mortgages conveyancing panel
Fleet Mortgages Conveyancing Panel Reinstatement: Common Questions
- What are our options if my firm’s reinstatement panel submission with Fleet Mortgages is declined?
- Is it the practice manager who is required to complete the reinstatement application to the Fleet Mortgages panel ?
- 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?
- How long does the application process take when applying to be reinstated onto the Fleet Mortgages conveyancing panel?
- Is there a charge to be reinstated 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.