Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Landbay Partners panel requirements, the written instructions that Landbay Partners give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landbay Partners may subsequently adopt.
- Persistent non-compliance with post completion requirements on behalf of Landbay Partners
- Landbay Partners 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 Partners conveyancing panel requirements
- Your law firm no longer meets the criteria to remain on the Landbay Partners conveyancing panel
Answers to Frequently asked questions concerning Landbay Partners panel reinstatement
- Can this firm act for Landbay Partners while the application for reinstatement on the Landbay Partners panel is being progressed? How do I discover if our reinstatement application to the Landbay Partners panel is accepted?
- Are you able to explain why this practice’s application for reinstatement is refused?
- Who should sign the reinstatement application to the Landbay Partners panel ?
- Is there a charge to revert back onto the Landbay Partners conveyancing panel?
- What are the next steps open to me if our Landbay Partners panel reinstatement application is refused and our client has a mortgage offer with the Landbay Partners?
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.