Removal from the M&S Bank and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the M&S Bank convincing panel
- Persistent delays in post completion requirements set by M&S Bank
- Breaches of M&S Bank conveyancing panel requirements
- Persistent delays in registering security on behalf of M&S Bank Delays or failure to register the M&S Bank charge may result in referral to external lawyers of M&S Bank to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the M&S Bank conveyancing panel
Answers to Frequently asked questions concerning M&S Bank panel reinstatement
- Is there a charge to revert back onto the M&S Bank conveyancing panel?
- Is there a limit to the amount of occasions my law firm can apply to be reinstated on the M&S Bank conveyancing panel?
- Can we act for M&S Bank while the appeal for reinstatement on the M&S Bank panel is being assessed? How do I discover if our reinstatement application to the M&S Bank panel is accepted?
- Please can you set out the application procedures to be reinstated onto the M&S Bank conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the M&S Bank panel ?
Top Tip: The best way to avoid the hassle of seeking M&S Bank panel reinstatement is to ensure that your firm is not removed off of the M&S Bank 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 M&S Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to M&S Bank 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 M&S Bank conveyancing panel.