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.
  • Breaches of Fleet Mortgages conveyancing panel Terms and Conditions
  • Your firm fails to meet the criteria to remain on the Fleet Mortgages conveyancing panel
  • Significant delays in post completion requirements set by Fleet Mortgages
  • Failure to reapply to be on the Fleet Mortgages convincing panel

Answers to Frequently asked questions concerning Fleet Mortgages panel reinstatement

  • Does my practice need to apply annually to remain on the Fleet Mortgages conveyancing panel?
  • Can this firm act for Fleet Mortgages while the appeal for reinstatement on the Fleet Mortgages panel is being processed? How do I discover if our reinstatement application to the Fleet Mortgages panel is accepted?
  • What will happen if our Fleet Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage application with the Fleet Mortgages?
  • Is it the practice manager who is required to sign the reinstatement application to the Fleet Mortgages panel ?
  • Is there a cost 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.

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