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

  • Significant delays in registering a charge on behalf of JPMorgan Delays or failure to register the JPMorgan charge may result in referral to external lawyers of JPMorgan to complete outstanding requirements.
  • 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.
  • Breaches of JPMorgan conveyancing panel requirements
  • Your firm no longer meets the criteria to remain on the JPMorgan conveyancing panel
  • 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.

JPMorgan panel reinstatement : questions that we get asked

  • Is it possible to find out my firm’s application for reinstatement is rejected?
  • What are our options if our reinstatement panel submission with JPMorgan is refused?
  • Can you outline the application protocol to revert back onto the JPMorgan conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the JPMorgan panel ?
  • Is there a charge to revert back onto 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.

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