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 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 GE Money conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements set by GE Money
- Significant delays in registering a charge 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.
- Your firm fails to meet the criteria to remain on the GE Money conveyancing panel
Frequently asked questions concerning GE Money panel reinstatement
- Is the door firmly shut if our reinstatement panel application with GE Money is declined?
- What will happen if our GE Money panel reinstatement application is rejected and our client has a mortgage application with the GE Money?
- Is there a cost to revert back onto the GE Money conveyancing panel?
- What is the application procedures to be reinstated onto the GE Money conveyancing panel?
- Can we appeal if our application for reinstatement is refused?
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.