Removal from the MBS Lending Ltd and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of MBS Lending Ltd
- MBS Lending Ltd 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.
- Failure to reapply to be on the MBS Lending Ltd convincing panel
- Recurring 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.
- Breaches of MBS Lending Ltd conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning MBS Lending Ltd panel reinstatement
- Does the COLP in my firm need to complete the reinstatement application to the MBS Lending Ltd panel ?
- Can this firm act for MBS Lending Ltd while the appeal for reinstatement on the MBS Lending Ltd panel is being reviewed? How do I discover if our reinstatement appeal to the MBS Lending Ltd panel is approved?
- How long does the application process take when applying to be reinstated onto the MBS Lending Ltd conveyancing panel?
- Am I restricted as to the amount of times my practice can apply to get back on the MBS Lending Ltd conveyancing panel?
- Can you outline the application procedures 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 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 MBS Lending Ltd conveyancing panel.