Removal from the Legal & General Home Finance and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Legal & General Home Finance conveyancing panel
- Missing deadline to reapply to be on the Legal & General Home Finance convincing panel
- Recurring non-compliance with post completion requirements set by Legal & General Home Finance
- Legal & General Home Finance may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to act in accordance 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 adopt.
Legal & General Home Finance panel reinstatement : You have questions, we have answers
- How often will this firm be required to re-apply to be reinstated on the Legal & General Home Finance conveyancing panel?
- Is there a cost to be reinstated onto the Legal & General Home Finance conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Legal & General Home Finance panel ?
- Am I restricted as to the amount of occasions my firm can apply to get back on the Legal & General Home Finance conveyancing panel?
- Can this firm act for Legal & General Home Finance while the application for reinstatement on the Legal & General Home Finance panel is being reviewed? How do I find out if our reinstatement appeal to the Legal & General Home Finance panel is approved?
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.