Removal from the Molo Finance Buy to Let and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Molo Finance Buy to Let panel terms, the written instructions that Molo Finance Buy to Let give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Molo Finance Buy to Let may subsequently adopt.
- Molo Finance Buy to Let 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.
- Significant delays in post completion requirements on behalf of Molo Finance Buy to Let
- Missing deadline to reapply to remain on the Molo Finance Buy to Let convincing panel
- Your law firm fails to meet the criteria to remain on the Molo Finance Buy to Let conveyancing panel
FAQs : Molo Finance Buy to Let Conveyancing panel reinstatement
- Does the COLP in my firm need to complete the reinstatement application to the Molo Finance Buy to Let panel ?
- Is there a charge to be reinstated onto the Molo Finance Buy to Let conveyancing panel?
- Please can you set out the application process to revert back onto the Molo Finance Buy to Let conveyancing panel?
- Is there a limit to the number of times my law firm can submit applications to be reinstated on the Molo Finance Buy to Let conveyancing panel?
- Can this firm act for Molo Finance Buy to Let while the appeal for reinstatement on the Molo Finance Buy to Let panel is being processed? How do I discover if our reinstatement appeal to the Molo Finance Buy to Let panel is accepted?
Top Tip: The best way to avoid the hassle of seeking Molo Finance Buy to Let panel reinstatement is to ensure that your firm is not removed off of the Molo Finance Buy to Let 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 Molo Finance Buy to Let conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Molo Finance Buy to Let 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 Molo Finance Buy to Let conveyancing panel.