Removal from the Mortgage Express (No 2) and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Mortgage Express (No 2) convincing panel
- Significant non-compliance with post completion requirements set by Mortgage Express (No 2)
- Your law firm no longer meets the criteria to remain on the Mortgage Express (No 2) conveyancing panel
- Failure to act in accordance with the Mortgage Express (No 2) panel terms, the written instructions that Mortgage Express (No 2) give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mortgage Express (No 2) may subsequently adopt.
- Breaches of Mortgage Express (No 2) conveyancing panel requirements
Mortgage Express (No 2) panel reinstatement : You have questions, we have answers
- Can we appeal if our application for reinstatement was declined?
- What are the consequences if our Mortgage Express (No 2) panel reinstatement application is turned down and our client has a mortgage application with the Mortgage Express (No 2)?
- Is the door firmly shut if our reinstatement panel application with Mortgage Express (No 2) is declined?
- Can we act for Mortgage Express (No 2) while the appeal for reinstatement on the Mortgage Express (No 2) panel is being progressed? How do I discover if our reinstatement appeal to the Mortgage Express (No 2) panel is approved?
- What times frames are involved when applying to revert back onto the Mortgage Express (No 2) conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Mortgage Express (No 2) panel reinstatement is to ensure that your firm is not removed off of the Mortgage Express (No 2) 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 (No 2) conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Mortgage Express (No 2) 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 (No 2) conveyancing panel.