Removal from the MBS Lending Ltd and other lender panels: Why they do it and how to get reinstated
- Significant 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
- Missing deadline to reapply to remain on the MBS Lending Ltd convincing panel
- Persistent non-compliance with post completion requirements on behalf of MBS Lending Ltd
- Your firm fails to meet the criteria to remain on the MBS Lending Ltd conveyancing panel
Answers to Frequently asked questions concerning MBS Lending Ltd panel reinstatement
- Is there a charge to be reinstated onto the MBS Lending Ltd conveyancing panel?
- How often will this firm be required to re-apply to remain on the MBS Lending Ltd conveyancing panel?
- How do I discover why this practice’s application for reinstatement was refused?
- What times frames are involved when applying to be reinstated onto the MBS Lending Ltd conveyancing panel?
- Am I restricted as to the amount of times my law firm can apply to be reinstated on 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.