Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Mortgage Express conveyancing panel
- Failure to reapply to remain on the Mortgage Express convincing panel
- Breaches of Mortgage Express conveyancing panel requirements
- 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.
- Failure to act in accordance with the Mortgage Express panel requirements, 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.
Mortgage Express panel reinstatement : questions that we get asked
- Is it the practice manager who is required to sign the reinstatement application to the Mortgage Express panel ?
- What are the next steps open to me if our Mortgage Express panel reinstatement application is refused and the client of the firm has a mortgage offer with the Mortgage Express?
- How do I discover why our application for reinstatement was refused?
- Am I restricted as to the number of occasions my firm can submit applications to be reinstated on the Mortgage Express conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Mortgage Express is rejected?
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 preferred 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.