Removal from the JPMorgan and other lender panels: Why they do it and how to get reinstated
- Breaches of JPMorgan conveyancing panel Terms and Conditions
- Your practice no longer meets the criteria to remain on the JPMorgan conveyancing panel
- JPMorgan 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.
- Failure to act in accordance with the JPMorgan panel terms, the written instructions that JPMorgan provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which JPMorgan may subsequently subscribe.
- Significant delays in post completion requirements on behalf of JPMorgan
JPMorgan panel reinstatement: Five Common Questions
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with JPMorgan is rejected?
- What times frames are involved when applying to be reinstated onto the JPMorgan conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the JPMorgan conveyancing panel?
- What is the application process to revert back onto the JPMorgan conveyancing panel?
- Is there a limit to the amount of occasions my firm can apply to be reinstated on the JPMorgan conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking JPMorgan panel reinstatement is to ensure that your firm is not removed off of the JPMorgan 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 JPMorgan conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to JPMorgan 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 JPMorgan conveyancing panel.