Removal from the Mortgage Express (No 2) and other lender panels: Why they do it and how to get reinstated
- Breaches of Mortgage Express (No 2) conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of Mortgage Express (No 2)
- Persistent 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.
- Your practice no longer meets the criteria to remain on the Mortgage Express (No 2) conveyancing panel
- Missing deadline to reapply to be on the Mortgage Express (No 2) convincing panel
Mortgage Express (No 2) panel reinstatement: Five Common Questions
- Am I restricted as to the number of times my law firm can submit applications to be reinstated on the Mortgage Express (No 2) conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement was rejected?
- Is it the practice manager who is required to complete the reinstatement application to the Mortgage Express (No 2) panel ?
- Is the door firmly shut if my firm’s reinstatement panel application with Mortgage Express (No 2) is refused?
- What times frames are involved when applying to be reinstated 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.