Removal from the Masthaven Bank and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Masthaven Bank convincing panel
- Recurring delays in registering security on behalf of Masthaven Bank Delays or failure to register the Masthaven Bank charge may result in referral to external lawyers of Masthaven Bank to complete outstanding requirements.
- Persistent non-compliance with post completion requirements set by Masthaven Bank
- Breaches of Masthaven Bank conveyancing panel Terms and Conditions
- Your law firm fails to meet the criteria to remain on the Masthaven Bank conveyancing panel
Questions Masthaven Bank panel reinstatement firms ask us
- Can we act for Masthaven Bank while the appeal for reinstatement on the Masthaven Bank panel is being reviewed? How do I find out if our reinstatement appeal to the Masthaven Bank panel is approved?
- Does my practice need to apply annually to remain on the Masthaven Bank conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with Masthaven Bank is refused?
- What are the consequences if our Masthaven Bank panel reinstatement application is turned down and our client has a mortgage application with the Masthaven Bank?
- How long does the application process take when applying to revert back onto the Masthaven Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Masthaven Bank panel reinstatement is to ensure that your firm is not removed off of the Masthaven 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 Masthaven Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Masthaven 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 Masthaven Bank conveyancing panel.