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 adopt.
- Recurring delays in post completion requirements set by Mortgage Express
- Significant delays in registering security 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.
- Breaches of Mortgage Express conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Mortgage Express convincing panel
Frequently asked questions concerning Mortgage Express panel reinstatement
- Is there a fee to be reinstated onto the Mortgage Express conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Mortgage Express conveyancing panel?
- Can this firm act for Mortgage Express while the application for reinstatement on the Mortgage Express panel is being reviewed? How do I know if our reinstatement application to the Mortgage Express panel is approved?
- Who should sign the reinstatement application to the Mortgage Express panel ?
- Are you able to explain why my firm’s application for reinstatement is refused?
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.