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

  • Breaches of Legal & General Home Finance conveyancing panel Terms and Conditions
  • Failure to act in accordance 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.
  • Your practice no longer meets the criteria to remain on the Legal & General Home Finance conveyancing panel
  • Persistent non-compliance with post completion requirements set by Legal & General Home Finance
  • Persistent 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.

Frequently asked questions concerning Legal & General Home Finance panel reinstatement

  • What will happen if our Legal & General Home Finance panel reinstatement application is turned down and the client of the firm has a mortgage application with the Legal & General Home Finance?
  • What is the application protocol to revert back onto the Legal & General Home Finance conveyancing panel?
  • Can we act for Legal & General Home Finance while the appeal for reinstatement on the Legal & General Home Finance panel is being reviewed? How do I find out if our reinstatement application to the Legal & General Home Finance panel is accepted?
  • Does the COLP in my firm need to sign the reinstatement application to the Legal & General Home Finance panel ?
  • Am I restricted as to the number of occasions my firm can submit applications to get back on 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 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.

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