Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements set by Landbay Partners
- Significant delays in registering security on behalf of Landbay Partners Delays or failure to register the Landbay Partners charge may result in referral to external lawyers of Landbay Partners to complete outstanding requirements.
- Landbay Partners 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 law firm no longer meets the criteria to remain on the Landbay Partners conveyancing panel
- Failure to act in accordance with the Landbay Partners panel requirements, the written instructions that Landbay Partners give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landbay Partners may subsequently adopt.
Answers to Frequently asked questions concerning Landbay Partners panel reinstatement
- What times frames are involved when applying to be reinstated onto the Landbay Partners conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Landbay Partners panel ?
- Is there a cost to be reinstated onto the Landbay Partners conveyancing panel?
- Can we act for Landbay Partners while the application for reinstatement on the Landbay Partners panel is being reviewed? How do I find out if our reinstatement appeal to the Landbay Partners panel is accepted?
- Please can you set out the application procedures to revert back onto the Landbay Partners conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Landbay Partners panel reinstatement is to ensure that your firm is not removed off of the Landbay Partners 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 Partners conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Landbay Partners 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 Partners conveyancing panel.