Removal from the MBS Lending Ltd and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to be on the MBS Lending Ltd convincing panel
  • Persistent delays in registering security on behalf of MBS Lending Ltd Delays or failure to register the MBS Lending Ltd charge may result in referral to external lawyers of MBS Lending Ltd to complete outstanding requirements.
  • Significant non-compliance with post completion requirements on behalf of MBS Lending Ltd
  • Your law firm fails to meet the criteria to remain on the MBS Lending Ltd conveyancing panel
  • Non-compliance with the MBS Lending Ltd panel terms, the written instructions that MBS Lending Ltd give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which MBS Lending Ltd may subsequently subscribe.

FAQs : MBS Lending Ltd Conveyancing panel reinstatement

  • Does my practice need to apply annually to remain on the MBS Lending Ltd conveyancing panel?
  • Is the door firmly shut if my firm’s reinstatement panel application with MBS Lending Ltd is refused?
  • Does the COLP in my firm need to complete the reinstatement application to the MBS Lending Ltd panel ?
  • Is it possible to find out our application for reinstatement is turned down?
  • What is the application protocol to revert back onto the MBS Lending Ltd conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking MBS Lending Ltd panel reinstatement is to ensure that your firm is not removed off of the MBS Lending Ltd 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 MBS Lending Ltd conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to MBS Lending Ltd 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 MBS Lending Ltd conveyancing panel.

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