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

  • Non-compliance with the GE Money panel terms, the written instructions that GE Money provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which GE Money may subsequently adopt.
  • Your practice 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 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
  • Failure to reapply to remain on the GE Money convincing panel

GE Money panel reinstatement : You have questions, we have answers

  • Is there a fee to revert back onto the GE Money conveyancing panel?
  • Can this firm act for GE Money while the application for reinstatement on the GE Money panel is being assessed? How do I find out if our reinstatement application to the GE Money panel is approved?
  • Is it possible to find out this practice’s application for reinstatement is turned down?
  • What happens if our GE Money panel reinstatement application is declined and our client has a mortgage offer with the GE Money?
  • Am I restricted as to the number of occasions my firm can apply to be reinstated 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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