Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- Breaches of Landbay Partners conveyancing panel 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 firm fails to meet the criteria to remain on the Landbay Partners conveyancing panel
- Significant delays in registering a charge 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.
- Failure to act in accordance with the Landbay Partners panel requirements, 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.
Questions Landbay Partners panel reinstatement firms ask us
- Can we act for Landbay Partners while the application for reinstatement on the Landbay Partners panel is being reviewed? How do I know if our reinstatement application to the Landbay Partners panel is accepted?
- How do I discover why this practice’s application for reinstatement is turned down?
- What happens if our Landbay Partners panel reinstatement application is declined and our client has a mortgage offer with the Landbay Partners?
- Is there a fee to be reinstated onto the Landbay Partners conveyancing panel?
- Does my practice need to apply annually to remain on 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.