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.
- Significant 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.
- Significant delays in post completion requirements set by Fleet Mortgages
- Breaches of Fleet Mortgages conveyancing panel requirements
- Your law firm no longer meets the criteria to remain on the Fleet Mortgages conveyancing panel
How can we assist? Fleet Mortgages panel reinstatement questions
- Can we act for Fleet Mortgages while the application for reinstatement on the Fleet Mortgages panel is being assessed? How do I know if our reinstatement application to the Fleet Mortgages panel is approved?
- Do any avenues remain open if my firm’s reinstatement panel application with Fleet Mortgages is turned down?
- Can we appeal if this practice’s application for reinstatement was turned down?
- Am I restricted as to the amount of occasions my practice can apply to be reinstated on the Fleet Mortgages conveyancing panel?
- How often will this firm be required to re-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 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.