Removal from the MBS Lending Ltd and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements set by MBS Lending Ltd
- Breaches of MBS Lending Ltd conveyancing panel requirements
- 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.
- Failure to reapply to remain on the MBS Lending Ltd convincing panel
- Failure to act in accordance 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 adopt.
MBS Lending Ltd panel reinstatement : You have questions, we have answers
- What are our options if our reinstatement panel submission with MBS Lending Ltd is declined?
- How long does the application process take when applying to be reinstated onto the MBS Lending Ltd conveyancing panel?
- Who should complete the reinstatement application to the MBS Lending Ltd panel ?
- How often will this firm be required to re-apply to remain on the MBS Lending Ltd conveyancing panel?
- Is it possible to find out our application for reinstatement was refused?
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.