Removal from the Molo Finance Buy to Let and other lender panels: Why they do it and how to get reinstated
- Molo Finance Buy to Let may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information 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 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.
- Your firm fails to meet the criteria to remain on the Molo Finance Buy to Let conveyancing panel
- Recurring non-compliance with post completion requirements set by Molo Finance Buy to Let
- Breaches of Molo Finance Buy to Let conveyancing panel Terms and Conditions
Common queries about Molo Finance Buy to Let conveyancing panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Molo Finance Buy to Let is refused?
- Does my practice need to apply annually to be reinstated on the Molo Finance Buy to Let conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- What is the application protocol to revert back onto the Molo Finance Buy to Let conveyancing panel?
- Is there a cost 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 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 Molo Finance Buy to Let conveyancing panel.