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

  • Breaches of Lloyds conveyancing panel Terms and Conditions
  • Missing deadline to reapply to be on the Lloyds convincing panel
  • Failure to act in accordance with the Lloyds panel terms, the written instructions that Lloyds give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Lloyds may subsequently adopt.
  • Persistent non-compliance with post completion requirements set by Lloyds
  • Recurring delays in registering security 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.

Lloyds panel reinstatement : You have questions, we have answers

  • Does my practice need to apply annually to remain on the Lloyds conveyancing panel?
  • Is there a limit to the amount of times my law firm can apply to be reinstated on the Lloyds conveyancing panel?
  • Is the door firmly shut if our reinstatement panel application with Lloyds is turned down?
  • What happens if our Lloyds panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Lloyds?
  • Can we act for Lloyds while the application for reinstatement on the Lloyds panel is being progressed? How do I know if our reinstatement application to the Lloyds panel is accepted?

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 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 Lloyds conveyancing panel.

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