Removal from the Lloyds and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Lloyds convincing panel
- Recurring delays in post completion requirements on behalf of Lloyds
- Lloyds 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 Lloyds conveyancing panel requirements
- Your practice no longer meets the criteria to remain on the Lloyds conveyancing panel
Top questions concerning Lloyds panel reinstatement
- Is there a limit to the number of times my law firm can apply to get back on the Lloyds conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Lloyds conveyancing panel?
- Who should sign the reinstatement application to the Lloyds panel ?
- Is there a cost to be reinstated onto the Lloyds conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement was rejected?
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.