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 subscribe.
- Mortgage Express may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Breaches of Mortgage Express conveyancing panel requirements
- Persistent delays in post completion requirements set by Mortgage Express
- 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.
How can we assist? Mortgage Express panel reinstatement questions
- Am I restricted as to the amount of times my firm can submit applications to get back on the Mortgage Express conveyancing panel?
- Does my practice need to apply annually to remain on the Mortgage Express conveyancing panel?
- What are our options if our reinstatement panel submission with Mortgage Express is turned down?
- Can this firm act for Mortgage Express while the application for reinstatement on the Mortgage Express panel is being assessed? How do I discover if our reinstatement appeal to the Mortgage Express panel is approved?
- Is there a fee 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 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.