Removal from the M&S Bank and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the M&S Bank panel terms, the written instructions that M&S Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which M&S Bank may subsequently adopt.
- Your law firm no longer meets the criteria to remain on the M&S Bank conveyancing panel
- 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.
- Significant delays in post completion requirements set by M&S Bank
- Breaches of M&S Bank conveyancing panel requirements
M&S Bank Conveyancing Panel Reinstatement: Common Questions
- What times frames are involved when applying 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 declined?
- Is there a cost to revert back onto the M&S Bank conveyancing panel?
- Are you able to explain why our application for reinstatement is turned down?
- What is the application procedures to revert back onto the M&S Bank conveyancing 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.