Removal from the Zephyr Mortgages and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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 adopt.
- Missing deadline to reapply to be on the Zephyr Mortgages convincing panel
- Breaches of Zephyr Mortgages conveyancing panel Terms and Conditions
- 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.
- Significant delays in post completion requirements on behalf of Zephyr Mortgages
Zephyr Mortgages panel reinstatement : You have questions, we have answers
- Can we appeal if our application for reinstatement was rejected?
- What times frames are involved when applying to revert back onto the Zephyr Mortgages conveyancing panel?
- Is there a charge to be reinstated onto the Zephyr Mortgages conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Zephyr Mortgages conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Zephyr Mortgages is rejected?
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.