Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Mortgage Express panel terms, the written instructions that Mortgage Express give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mortgage Express may subsequently subscribe.
- Persistent non-compliance with post completion requirements set by Mortgage Express
- Significant delays in registering a charge on behalf of Mortgage Express Delays or failure to register the Mortgage Express charge may result in referral to external lawyers of Mortgage Express to complete outstanding requirements.
- Your firm no longer meets the criteria to remain on the Mortgage Express conveyancing panel
- Failure to reapply to remain on the Mortgage Express convincing panel
Common questions about Mortgage Express conveyancing panel reinstatement
- What happens if our Mortgage Express panel reinstatement application is refused and the client of the firm has a mortgage application with the Mortgage Express?
- How do I discover why this practice’s application for reinstatement was refused?
- How long does the application process take when applying to be reinstated onto the Mortgage Express conveyancing panel?
- Is there a limit to the number of times my law firm can submit applications to be reinstated on the Mortgage Express conveyancing panel?
- Is it the practice manager who is required 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.