Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Mortgage Express panel terms, the written instructions that Mortgage Express provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mortgage Express may subsequently adopt.
- Breaches of Mortgage Express conveyancing panel Terms and Conditions
- Your firm no longer meets the criteria to remain on the Mortgage Express conveyancing panel
- Mortgage Express 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.
- Missing deadline to reapply to remain on the Mortgage Express convincing panel
Mortgage Express panel reinstatement: Five Common Questions
- How do I discover why my firm’s application for reinstatement is rejected?
- What are our options if my firm’s reinstatement panel submission with Mortgage Express is refused?
- What times frames are involved when applying to be reinstated onto the Mortgage Express conveyancing panel?
- Am I restricted as to the amount of times my law firm can submit applications to get back on the Mortgage Express conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Mortgage Express panel ?
Top Tip: The best way to avoid the hassle of seeking Mortgage Express panel reinstatement is to ensure that your firm is not removed off of the Mortgage Express 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 Mortgage Express conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Mortgage Express 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 Mortgage Express conveyancing panel.