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

  • 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.
  • Missing deadline to reapply to be on the GE Money convincing panel
  • Breaches of GE Money conveyancing panel Terms and Conditions
  • Recurring non-compliance with post completion requirements set by GE Money

Common queries about GE Money conveyancing panel reinstatement

  • Is there a fee to be reinstated onto the GE Money conveyancing panel?
  • Am I restricted as to the number of occasions my firm can apply to get back on the GE Money conveyancing panel?
  • Can we act for GE Money while the application for reinstatement on the GE Money panel is being assessed? How do I know if our reinstatement application to the GE Money panel is accepted?
  • How often will this firm be required to re-apply to be reinstated on the GE Money conveyancing panel?
  • Can we appeal if this practice’s application for reinstatement was rejected?

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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