Removal from the M&S Bank and other lender panels: Why they do it and how to get reinstated

  • Significant 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.
  • 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.
  • Breaches of M&S Bank conveyancing panel requirements
  • Your law firm no longer meets the criteria to remain on the M&S Bank conveyancing panel
  • Non-compliance with the M&S Bank panel requirements, 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.

FAQs : M&S Bank Conveyancing panel reinstatement

  • How often will this firm be required to re-apply to remain on the M&S Bank conveyancing panel?
  • What times frames are involved when applying to revert back onto the M&S Bank conveyancing panel?
  • What happens if our M&S Bank panel reinstatement application is declined and our client has a mortgage offer with the M&S Bank?
  • Can we act for M&S Bank while the appeal for reinstatement on the M&S Bank panel is being assessed? How do I know if our reinstatement application to the M&S Bank panel is approved?
  • Is the door firmly shut if my firm’s reinstatement panel submission with M&S Bank is turned down?

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.

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