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.
- Non-compliance 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.
- Failure to reapply to be on the Molo Finance Buy to Let convincing panel
- Your practice no longer meets the criteria to remain on the Molo Finance Buy to Let conveyancing panel
- Persistent delays in post completion requirements on behalf of Molo Finance Buy to Let
Top questions concerning Molo Finance Buy to Let panel reinstatement
- Is it possible to find out my firm’s application for reinstatement is declined?
- 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 reviewed? How do I find out if our reinstatement application to the Molo Finance Buy to Let panel is approved?
- Is there a limit to the number of occasions my law firm can apply to get back on the Molo Finance Buy to Let conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on 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 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.