Removal from the MBS Lending Ltd and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the MBS Lending Ltd conveyancing panel
- Significant delays in 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.
- Breaches of MBS Lending Ltd conveyancing panel requirements
- Failure to act in accordance with the MBS Lending Ltd panel requirements, the written instructions that MBS Lending Ltd provide 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
- Can we appeal if our application for reinstatement is refused?
- Can we act for MBS Lending Ltd while the appeal for reinstatement on the MBS Lending Ltd panel is being processed? How do I know if our reinstatement appeal to the MBS Lending Ltd panel is accepted?
- Who should sign the reinstatement application to the MBS Lending Ltd panel ?
- Does my practice need to apply annually to remain on the MBS Lending Ltd conveyancing panel?
- What is the application protocol to be reinstated 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.