Removal from the Landbay Partners and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security 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.
- Breaches of Landbay Partners conveyancing panel Terms and Conditions
- 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 subscribe.
- Failure to reapply to be on the Landbay Partners convincing panel
- Your law firm no longer meets the criteria to remain on the Landbay Partners conveyancing panel
Frequently asked questions concerning Landbay Partners panel reinstatement
- Does my practice need to apply annually to remain on the Landbay Partners conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Landbay Partners panel ?
- How long does the application process take when applying to revert back onto the Landbay Partners conveyancing panel?
- Is there a limit to the number of occasions my firm can submit applications to be reinstated on the Landbay Partners conveyancing panel?
- What are the next steps open to me if our Landbay Partners panel reinstatement application is rejected and the client of the firm has a mortgage application 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 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.