Removal from the Vernon BS and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Vernon BS Delays or failure to register the Vernon BS charge may result in referral to external lawyers of Vernon BS to complete outstanding requirements.
- Your firm fails to meet the criteria to remain on the Vernon BS conveyancing panel
- Failure to reapply to be on the Vernon BS convincing panel
- Breaches of Vernon BS conveyancing panel requirements
- Persistent delays in post completion requirements set by Vernon BS
Answers to Frequently asked questions concerning Vernon BS panel reinstatement
- Can this firm act for Vernon BS while the appeal for reinstatement on the Vernon BS panel is being reviewed? How do I find out if our reinstatement application to the Vernon BS panel is approved?
- Is it possible to find out our application for reinstatement is turned down?
- What will happen if our Vernon BS panel reinstatement application is refused and our client has a mortgage offer with the Vernon BS?
- What is the application procedures to revert back onto the Vernon BS conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Vernon BS conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Vernon BS panel reinstatement is to ensure that your firm is not removed off of the Vernon BS 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 Vernon BS conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Vernon BS 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 Vernon BS conveyancing panel.