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
- 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.
- 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.
- Your firm fails to meet the criteria to remain on the GE Money conveyancing panel
- Persistent non-compliance with post completion requirements set by GE Money
Questions GE Money panel reinstatement firms ask us
- Can you outline the application protocol to revert back onto the GE Money conveyancing panel?
- What times frames are involved when applying to be reinstated onto the GE Money conveyancing panel?
- Is there a limit to the number of times my firm can submit applications to get back on the GE Money conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the GE Money conveyancing panel?
- Is there a cost to be reinstated onto 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.