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

  • Recurring non-compliance with post completion requirements set by GE Money
  • Breaches of GE Money conveyancing panel requirements
  • Your law firm fails to meet the criteria to remain on the GE Money conveyancing panel
  • Missing deadline to reapply to be on the GE Money convincing panel
  • 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.

Questions GE Money panel reinstatement firms ask us

  • What is the application protocol to revert back onto the GE Money conveyancing panel?
  • What happens if our GE Money panel reinstatement application is declined and our client has a mortgage application with the GE Money?
  • Does the COLP in my firm need to sign the reinstatement application to the GE Money panel ?
  • Can this firm act for GE Money while the application for reinstatement on the GE Money panel is being processed? How do I know if our reinstatement application to the GE Money panel is approved?
  • Is there a limit to the number of times my law 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 preferred 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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