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

  • Breaches of GE Money conveyancing panel requirements
  • Failure to reapply to be on the GE Money convincing panel
  • Your law firm fails to meet the criteria to remain on the GE Money conveyancing panel
  • GE Money 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.
  • Recurring delays in registering security on behalf of GE Money Delays or failure to register the GE Money charge may result in referral to external lawyers of GE Money to complete outstanding requirements.

How can we assist? GE Money panel reinstatement questions

  • What times frames are involved when applying to revert back onto the GE Money conveyancing panel?
  • How often will this firm be required to re-apply to remain on the GE Money conveyancing panel?
  • Is the door firmly shut if my firm’s reinstatement panel application with GE Money is refused?
  • Does the COLP in my firm need to complete the reinstatement application to the GE Money panel ?
  • Am I restricted as to the number of occasions my firm can apply to get back on the GE Money conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking GE Money panel reinstatement is to ensure that your firm is not removed off of the GE Money 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 GE Money conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to GE Money 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 GE Money conveyancing panel.

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