Removal from the JPMorgan and other lender panels: Why they do it and how to get reinstated
- Recurring 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.
- Your practice fails to meet the criteria to remain on the JPMorgan conveyancing panel
- Non-compliance 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 adopt.
- Significant delays in post completion requirements on behalf of JPMorgan
JPMorgan Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to revert back onto the JPMorgan conveyancing panel?
- Am I restricted as to the number of occasions my practice can apply to get back on the JPMorgan conveyancing panel?
- Are you able to explain why our application for reinstatement was turned down?
- How often will this firm be required to re-apply to be reinstated on the JPMorgan conveyancing panel?
- Is there a fee to be reinstated 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.