Removal from the Lloyds and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Lloyds Delays or failure to register the Lloyds charge may result in referral to external lawyers of Lloyds to complete outstanding requirements.
- Missing deadline to reapply to remain on the Lloyds convincing panel
- Your firm fails to meet the criteria to remain on the Lloyds conveyancing panel
- Breaches of Lloyds conveyancing panel requirements
- Significant delays in post completion requirements set by Lloyds
How can we assist? Lloyds panel reinstatement questions
- Does the COLP in my firm need to complete the reinstatement application to the Lloyds panel ?
- Is there a cost to be reinstated onto the Lloyds conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Lloyds conveyancing panel?
- Am I restricted as to the amount of occasions my law firm can apply to get back on the Lloyds conveyancing panel?
- What times frames are involved when applying to revert back onto the Lloyds conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Lloyds panel reinstatement is to ensure that your firm is not removed off of the Lloyds 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 Lloyds conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Lloyds 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 Lloyds conveyancing panel.