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

  • Your firm no longer meets the criteria to remain on the MBS Lending Ltd conveyancing panel
  • Failure to reapply to be on the MBS Lending Ltd convincing panel
  • 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.
  • 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.

Questions MBS Lending Ltd panel reinstatement firms ask us

  • What are the consequences if our MBS Lending Ltd panel reinstatement application is turned down and the client of the firm has a mortgage application with the MBS Lending Ltd?
  • What are our options if our reinstatement panel application with MBS Lending Ltd is rejected?
  • How often will this firm be required to re-apply to be reinstated on the MBS Lending Ltd conveyancing panel?
  • Who should complete the reinstatement application to the MBS Lending Ltd panel ?
  • How long does the application process take when applying 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 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.

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