Removal from the M&S Bank and other lender panels: Why they do it and how to get reinstated
- M&S Bank may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Your firm fails to meet the criteria to remain on the M&S Bank conveyancing panel
- Failure to act in accordance with the M&S Bank panel terms, the written instructions that M&S Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which M&S Bank may subsequently subscribe.
- Recurring delays in post completion requirements set by M&S Bank
- Breaches of M&S Bank conveyancing panel requirements
Questions M&S Bank panel reinstatement firms ask us
- Am I restricted as to the number of times my firm can apply to get back on the M&S Bank conveyancing panel?
- Can you outline the application protocol to be reinstated onto the M&S Bank conveyancing panel?
- What are our options if my firm’s reinstatement panel application with M&S Bank is turned down?
- How long does the application process take when applying to revert back 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 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 M&S Bank conveyancing panel.