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

  • Missing deadline to reapply to remain on the Landbay convincing panel
  • Your firm fails to meet the criteria to remain on the Landbay conveyancing panel
  • Persistent delays in registering a charge on behalf of Landbay Delays or failure to register the Landbay charge may result in referral to external lawyers of Landbay to complete outstanding requirements.
  • 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.

Top questions concerning Landbay panel reinstatement

  • Does the COLP in my firm need to sign the reinstatement application to the Landbay panel ?
  • Is there a limit to the amount of occasions my practice can submit applications to be reinstated on the Landbay conveyancing panel?
  • How long does the application process take when applying to revert back onto the Landbay conveyancing panel?
  • Can this firm act for Landbay while the appeal for reinstatement on the Landbay panel is being reviewed? How do I find out if our reinstatement application to the Landbay panel is approved?
  • What are the consequences if our Landbay panel reinstatement application is turned down and our client has a mortgage application with the Landbay?

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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