Removal from the Zephyr Mortgages and other lender panels: Why they do it and how to get reinstated
- Zephyr Mortgages may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Your firm fails to meet the criteria to remain on the Zephyr Mortgages conveyancing panel
- Failure to act in accordance with the Zephyr Mortgages panel requirements, the written instructions that Zephyr Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Zephyr Mortgages may subsequently adopt.
- Breaches of Zephyr Mortgages conveyancing panel requirements
- Recurring delays in registering a charge on behalf of Zephyr Mortgages Delays or failure to register the Zephyr Mortgages charge may result in referral to external lawyers of Zephyr Mortgages to complete outstanding requirements.
Questions Zephyr Mortgages panel reinstatement firms ask us
- Can you outline the application protocol to be reinstated onto the Zephyr Mortgages conveyancing panel?
- Am I restricted as to the number of times my firm can apply to be reinstated on the Zephyr Mortgages conveyancing panel?
- What are our options if our reinstatement panel submission with Zephyr Mortgages is declined?
- Does the COLP in my firm need to sign the reinstatement application to the Zephyr Mortgages panel ?
- Can this firm act for Zephyr Mortgages while the appeal for reinstatement on the Zephyr Mortgages panel is being assessed? How do I know if our reinstatement appeal to the Zephyr Mortgages panel is approved?
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.