Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Landbay Partners convincing panel
- Non-compliance with the Landbay Partners panel terms, the written instructions that Landbay Partners provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landbay Partners may subsequently adopt.
- Your law firm no longer meets the criteria to remain on the Landbay Partners conveyancing panel
- Persistent non-compliance with post completion requirements on behalf of Landbay Partners
- Landbay Partners may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
Landbay Partners panel reinstatement: Five Common Questions
- What are the consequences if our Landbay Partners panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Landbay Partners?
- What is the application procedures to be reinstated onto the Landbay Partners conveyancing panel?
- What are our options if our reinstatement panel application with Landbay Partners is rejected?
- What times frames are involved when applying to revert back onto the Landbay Partners conveyancing panel?
- Is there a cost to be reinstated 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 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 Landbay Partners conveyancing panel.