Removal from the Molo Finance Buy to Let and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to remain on the Molo Finance Buy to Let convincing panel
  • 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.
  • Failure to act in accordance with the Molo Finance Buy to Let panel requirements, the written instructions that Molo Finance Buy to Let provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Molo Finance Buy to Let may subsequently adopt.
  • Recurring non-compliance with post completion requirements on behalf of Molo Finance Buy to Let
  • Breaches of Molo Finance Buy to Let conveyancing panel Terms and Conditions

Questions Molo Finance Buy to Let panel reinstatement firms ask us

  • Does my practice need to apply annually to be reinstated on the Molo Finance Buy to Let conveyancing panel?
  • Is there a limit to the number of occasions my law firm can submit applications to get back on the Molo Finance Buy to Let conveyancing panel?
  • Can this firm act for Molo Finance Buy to Let while the application for reinstatement on the Molo Finance Buy to Let panel is being reviewed? How do I know if our reinstatement appeal to the Molo Finance Buy to Let panel is accepted?
  • Are you able to explain why our application for reinstatement is turned down?
  • Is there a charge to be reinstated onto the Molo Finance Buy to Let conveyancing panel?

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.

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