Removal from the Godiva Mortgages and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Godiva Mortgages Delays or failure to register the Godiva Mortgages charge may result in referral to external lawyers of Godiva Mortgages to complete outstanding requirements.
- Failure to reapply to remain on the Godiva Mortgages convincing panel
- Godiva Mortgages 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.
- Non-compliance with the Godiva Mortgages panel terms, the written instructions that Godiva Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Godiva Mortgages may subsequently subscribe.
- Breaches of Godiva Mortgages conveyancing panel requirements
Frequently asked questions concerning Godiva Mortgages panel reinstatement
- Can we appeal if my firm’s application for reinstatement is rejected?
- Is there a fee to revert back onto the Godiva Mortgages conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Godiva Mortgages panel ?
- Does my practice need to apply annually to remain on the Godiva Mortgages conveyancing panel?
- What are the consequences if our Godiva Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage application with the Godiva Mortgages?
Top Tip: The best way to avoid the hassle of seeking Godiva Mortgages panel reinstatement is to ensure that your firm is not removed off of the Godiva Mortgages 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 Godiva Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Godiva Mortgages 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 Godiva Mortgages conveyancing panel.