Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Mortgage Express
- Non-compliance with the Mortgage Express panel requirements, 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 adopt.
- Mortgage Express 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.
- Breaches of Mortgage Express conveyancing panel requirements
- Persistent 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.
Common queries about Mortgage Express conveyancing panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel submission with Mortgage Express is turned down?
- Can this firm act for Mortgage Express while the appeal for reinstatement on the Mortgage Express panel is being assessed? How do I know if our reinstatement application to the Mortgage Express panel is accepted?
- What times frames are involved when applying to be reinstated onto the Mortgage Express conveyancing panel?
- Please can you set out the application protocol to be reinstated onto the Mortgage Express conveyancing panel?
- Am I restricted as to the number of times my law firm can submit applications to get back on the Mortgage Express conveyancing 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.