Removal from the Zephyr Mortgages and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Zephyr Mortgages panel terms, 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 subscribe.
- Significant delays in registering security 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.
- Failure to reapply to remain on the Zephyr Mortgages convincing panel
- Persistent delays in post completion requirements on behalf of Zephyr Mortgages
- Your law firm fails to meet the criteria to remain on the Zephyr Mortgages conveyancing panel
Zephyr Mortgages panel reinstatement: Five Common Questions
- What happens if our Zephyr Mortgages panel reinstatement application is turned down and the client of the firm has a mortgage application with the Zephyr Mortgages?
- How long does the application process take when applying to be reinstated onto the Zephyr Mortgages conveyancing panel?
- Is there a cost to be reinstated onto the Zephyr Mortgages conveyancing panel?
- Am I restricted as to the amount of times my law firm can apply to be reinstated on the Zephyr Mortgages conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Zephyr Mortgages is turned down?
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 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 Zephyr Mortgages conveyancing panel.