Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to remain on the Landbay Partners convincing panel
- Your firm no longer meets the criteria to remain on the Landbay Partners conveyancing panel
- Significant non-compliance with post completion requirements on behalf of Landbay Partners
- 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.
Landbay Partners panel reinstatement: Five Common Questions
- Does my practice need to apply annually to be reinstated on the Landbay Partners conveyancing panel?
- Is there a fee to revert back onto the Landbay Partners conveyancing panel?
- Am I restricted as to the amount of occasions my law firm can submit applications to be reinstated on the Landbay Partners conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement is rejected?
- Does the COLP in my firm need to complete the reinstatement application to the Landbay Partners 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.