Removal from the Zephyr Mortgages and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by Zephyr Mortgages
- Missing deadline to reapply to be on the Zephyr Mortgages convincing panel
- Failure to act in accordance with the Zephyr Mortgages panel terms, the written instructions that Zephyr Mortgages give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Zephyr Mortgages may subsequently subscribe.
- Breaches of Zephyr Mortgages conveyancing panel requirements
- Zephyr Mortgages 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.
Questions Zephyr Mortgages panel reinstatement firms ask us
- What are the next steps open to me if our Zephyr Mortgages panel reinstatement application is declined and our client has a mortgage application with the Zephyr Mortgages?
- Am I restricted as to the amount of occasions my firm can apply to be reinstated on the Zephyr Mortgages conveyancing panel?
- Please can you set out the application procedures to be reinstated onto the Zephyr Mortgages conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement was turned down?
- Does the COLP in my firm need to sign the reinstatement application to the Zephyr Mortgages panel ?
Top Tip: The best way to avoid the hassle of seeking Zephyr Mortgages panel reinstatement is to ensure that your firm is not removed off of the Zephyr Mortgages 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 Zephyr Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Zephyr Mortgages 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 Zephyr Mortgages conveyancing panel.