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

  • Missing deadline to reapply to be on the Landbay convincing panel
  • Persistent non-compliance with post completion requirements set by Landbay
  • Breaches of Landbay conveyancing panel requirements
  • Landbay 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 practice fails to meet the criteria to remain on the Landbay conveyancing panel

Top questions concerning Landbay panel reinstatement

  • Is there a cost to be reinstated onto the Landbay conveyancing panel?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with Landbay is refused?
  • What happens if our Landbay panel reinstatement application is declined and the client of the firm has a mortgage offer with the Landbay?
  • Can this firm act for Landbay while the appeal for reinstatement on the Landbay panel is being reviewed? How do I know if our reinstatement application to the Landbay panel is approved?
  • What is the application protocol to revert back onto the Landbay conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Landbay panel reinstatement is to ensure that your firm is not removed off of the Landbay 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 Landbay conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Landbay 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 Landbay conveyancing panel.

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