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Mortgage Express (No 2) Panel Removal - Help is at Hand

There are a number of reasons why a firm might be removed from the Mortgage Express (No 2) conveyancing panel. Here are a few:

  1. Failure to reapply to be on the Mortgage Express (No 2) convincing panel
  2. Persistent non-compliance with post completion requirements on behalf of Mortgage Express (No 2)
  3. Non-compliance with the Mortgage Express (No 2) panel terms, the written instructions that Mortgage Express (No 2) provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mortgage Express (No 2) may subsequently subscribe.
  4. Your firm fails to meet the criteria to remain on the Mortgage Express (No 2) conveyancing panel
  5. Breaches of Mortgage Express (No 2) conveyancing panel Terms and Conditions

Questions Mortgage Express (No 2) panel reinstatement firms ask us

  1. Can this firm act for Mortgage Express (No 2) while the appeal for reinstatement on the Mortgage Express (No 2) panel is being reviewed? How do I find out if our reinstatement application to the Mortgage Express (No 2) panel is approved?
  2. Is there a limit to the amount of occasions my practice can apply to get back on the Mortgage Express (No 2) conveyancing panel?
  3. What are our options if our reinstatement panel application with Mortgage Express (No 2) is declined?
  4. What times frames are involved when applying to revert back onto the Mortgage Express (No 2) conveyancing panel?
  5. Does my practice need to apply annually to remain on 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 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 (No 2) conveyancing panel.