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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Significant delays in registering a charge 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.
- Significant non-compliance with post completion requirements on behalf of M&S Bank
- Your practice no longer meets the criteria to remain on the M&S Bank conveyancing panel
- Failure to reapply to remain on the M&S Bank convincing panel
M&S Bank panel reinstatement: Five Common Questions
- What is the application protocol to be reinstated onto the M&S Bank conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel application with M&S Bank is rejected?
- How long does the application process take when applying to be reinstated onto the M&S Bank conveyancing panel?
- Does my practice need to apply annually to be reinstated on the M&S Bank conveyancing panel?
- Is it possible to find out our application for reinstatement is declined?
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.