Removal from the Mortgage Express and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Mortgage Express panel terms, 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.
- Missing deadline to reapply to be on the Mortgage Express convincing panel
- Your law firm fails to meet the criteria to remain on the Mortgage Express conveyancing 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.
- Breaches of Mortgage Express conveyancing panel requirements
Common questions about Mortgage Express conveyancing panel reinstatement
- Can this firm act for Mortgage Express while the application for reinstatement on the Mortgage Express panel is being processed? How do I discover if our reinstatement application to the Mortgage Express panel is approved?
- Is the door firmly shut if my firm’s reinstatement panel application with Mortgage Express is rejected?
- What will happen if our Mortgage Express panel reinstatement application is turned down and the client of the firm has a mortgage application with the Mortgage Express?
- Who should complete the reinstatement application to the Mortgage Express panel ?
- What times frames are involved when applying to revert back onto 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 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.