Removal from the Legal & General Home Finance and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Legal & General Home Finance conveyancing panel Terms and Conditions
- Your practice no longer meets the criteria to remain on the Legal & General Home Finance conveyancing panel
- Failure to reapply to be on the Legal & General Home Finance convincing panel
- Significant 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.
Legal & General Home Finance Conveyancing Panel Reinstatement: Common Questions
- What happens if our Legal & General Home Finance panel reinstatement application is refused and our client has a mortgage offer with the Legal & General Home Finance?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Legal & General Home Finance is rejected?
- What times frames are involved when applying to be reinstated onto the Legal & General Home Finance conveyancing panel?
- Is there a cost to be reinstated onto the Legal & General Home Finance conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Legal & General Home Finance 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 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 Legal & General Home Finance conveyancing panel.