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

  • Persistent non-compliance with post completion requirements on behalf of Landbay
  • Significant 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.
  • Non-compliance with the Landbay panel terms, the written instructions that Landbay give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landbay may subsequently adopt.
  • Landbay 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.
  • Breaches of Landbay conveyancing panel Terms and Conditions

Common queries about Landbay conveyancing panel reinstatement

  • How often will this firm be required to re-apply to remain on the Landbay conveyancing panel?
  • Am I restricted as to the number of times my law firm can submit applications to be reinstated on the Landbay conveyancing panel?
  • Can we appeal if my firm’s application for reinstatement was rejected?
  • How long does the application process take when applying to be reinstated onto the Landbay conveyancing panel?
  • Is there a fee to revert back onto the Landbay conveyancing 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 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 conveyancing panel.

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