Removal from the Legal & General Home Finance and other lender panels: Why they do it and how to get reinstated

  • Recurring non-compliance with post completion requirements on behalf of Legal & General Home Finance
  • Your firm no longer meets the criteria to remain on the Legal & General Home Finance conveyancing panel
  • Non-compliance with the Legal & General Home Finance panel terms, the written instructions that Legal & General Home Finance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Legal & General Home Finance may subsequently subscribe.
  • Significant delays in registering a charge 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.
  • Legal & General Home Finance 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.

Legal & General Home Finance panel reinstatement : You have questions, we have answers

  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Legal & General Home Finance is declined?
  • Is it the practice manager who is required to sign the reinstatement application to the Legal & General Home Finance panel ?
  • Are you able to explain why our application for reinstatement is refused?
  • What happens if our Legal & General Home Finance panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Legal & General Home Finance?
  • Is there a charge to revert back onto the Legal & General Home Finance conveyancing panel?

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.

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