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

  • Persistent non-compliance with post completion requirements set by Lloyds
  • Persistent 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.
  • Your firm fails to meet the criteria to remain on the Lloyds conveyancing panel
  • Lloyds may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
  • Breaches of Lloyds conveyancing panel Terms and Conditions

Lloyds panel reinstatement : questions that we get asked

  • Can this firm act for Lloyds while the appeal for reinstatement on the Lloyds panel is being reviewed? How do I find out if our reinstatement application to the Lloyds panel is accepted?
  • How long does the application process take when applying to revert back onto the Lloyds conveyancing panel?
  • What is the application protocol to be reinstated onto the Lloyds conveyancing panel?
  • Do any avenues remain open if my firm’s reinstatement panel application with Lloyds is refused?
  • What are the next steps open to me if our Lloyds panel reinstatement application is turned down and the client of the firm has a mortgage application with the Lloyds?

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.

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