Removal from the Legal & General Home Finance and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering security on behalf of Legal & General Home Finance Delays or failure to register the Legal & General Home Finance charge may result in referral to external lawyers of Legal & General Home Finance to complete outstanding requirements.
- Your law firm no longer meets the criteria to remain on the Legal & General Home Finance conveyancing panel
- Breaches of Legal & General Home Finance conveyancing panel requirements
- Failure to reapply to be on the Legal & General Home Finance convincing panel
- Non-compliance with the Legal & General Home Finance panel requirements, the written instructions that Legal & General Home Finance provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Legal & General Home Finance may subsequently adopt.
Questions Legal & General Home Finance panel reinstatement firms ask us
- How long does the application process take when applying to be reinstated onto the Legal & General Home Finance conveyancing panel?
- Please can you set out the application procedures to revert back onto the Legal & General Home Finance conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with Legal & General Home Finance is rejected?
- Am I restricted as to the number of times my law firm can submit applications to be reinstated on the Legal & General Home Finance conveyancing panel?
- What are the consequences if our Legal & General Home Finance panel reinstatement application is refused and the client of the firm has a mortgage application with the Legal & General Home Finance?
Top Tip: The best way to avoid the hassle of seeking Legal & General Home Finance panel reinstatement is to ensure that your firm is not removed off of the Legal & General Home Finance 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 Legal & General Home Finance conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Legal & General Home Finance 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 Legal & General Home Finance conveyancing panel.