Removal from the Mortgage Express (No 2) and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Mortgage Express (No 2) convincing panel
- Persistent delays in post completion requirements on behalf of Mortgage Express (No 2)
- Recurring delays in registering a charge 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) 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.
- Your practice fails to meet the criteria to remain on the Mortgage Express (No 2) conveyancing panel
Common queries about Mortgage Express (No 2) conveyancing panel reinstatement
- Is there a charge to revert back onto the Mortgage Express (No 2) conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Mortgage Express (No 2) conveyancing panel?
- Can this firm act for Mortgage Express (No 2) while the application 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 accepted?
- What will happen if our Mortgage Express (No 2) panel reinstatement application is declined and the client of the firm has a mortgage application with the Mortgage Express (No 2)?
- Can you outline the application process 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 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.