Landbay panel reinstatement guidance - Here to help

There are many possible explanations why a firm could be terminated from the Landbay conveyancing panel. Here is a sample:

  1. Your law firm no longer meets the criteria to remain on the Landbay conveyancing panel
  2. Breaches of Landbay conveyancing panel requirements
  3. 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.
  4. Failure to act in accordance with the Landbay panel requirements, the written instructions that Landbay provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landbay may subsequently subscribe.
  5. Missing deadline to reapply to remain on the Landbay convincing panel

Landbay panel reinstatement : questions that we get asked

  1. Is the door firmly shut if our reinstatement panel application with Landbay is rejected?
  2. How often will this firm be required to re-apply to be reinstated on the Landbay conveyancing panel?
  3. Can you outline the application process to be reinstated onto the Landbay conveyancing panel?
  4. What will happen if our Landbay panel reinstatement application is refused and our client has a mortgage offer with the Landbay?
  5. Does the COLP in my firm need to complete the reinstatement application to the Landbay 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.