Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Recurring 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 law 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
- 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.
- Significant delays in post completion requirements set by Mortgage Express
Top questions concerning Mortgage Express panel reinstatement
- Can we act for Mortgage Express while the application for reinstatement on the Mortgage Express panel is being assessed? How do I find out if our reinstatement application to the Mortgage Express panel is approved?
- Am I restricted as to the amount of times my law firm can apply to get back on the Mortgage Express conveyancing panel?
- Is there a charge to revert back onto the Mortgage Express conveyancing panel?
- How do I discover why this practice’s application for reinstatement was turned down?
- What are the consequences if our Mortgage Express panel reinstatement application is turned down and the client of the firm has a mortgage application with the Mortgage Express?
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.