Removal from the Zephyr Mortgages and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to remain on the Zephyr Mortgages convincing panel
  • Breaches of Zephyr Mortgages conveyancing panel requirements
  • Persistent non-compliance with post completion requirements set by Zephyr Mortgages
  • 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.
  • 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.

Answers to Frequently asked questions concerning Zephyr Mortgages panel reinstatement

  • Is there a limit to the number of occasions my practice can submit applications to get back on the Zephyr Mortgages conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Zephyr Mortgages panel ?
  • Does my practice need to apply annually to be reinstated on the Zephyr Mortgages conveyancing panel?
  • What happens if our Zephyr Mortgages panel reinstatement application is declined 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?

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.

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