Removal from the Mortgage Express (No 2) and other lender panels: Why they do it and how to get reinstated
- Mortgage Express (No 2) 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.
- Failure to reapply to be on the Mortgage Express (No 2) convincing panel
- Breaches of Mortgage Express (No 2) conveyancing panel requirements
- Your practice fails to meet the criteria to remain on the Mortgage Express (No 2) conveyancing panel
- Recurring delays in registering security on behalf of Mortgage Express (No 2) Delays or failure to register the Mortgage Express (No 2) charge may result in referral to external lawyers of Mortgage Express (No 2) to complete outstanding requirements.
Mortgage Express (No 2) panel reinstatement : You have questions, we have answers
- Is it possible to find out our application for reinstatement was turned down?
- Can this firm 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 application to the Mortgage Express (No 2) panel is accepted?
- Is there a cost to revert back onto the Mortgage Express (No 2) conveyancing panel?
- Please can you set out the application protocol to be reinstated onto the Mortgage Express (No 2) conveyancing panel?
- How often will this firm be required to re-apply to be reinstated 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.