Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of LiveMore
- Failure to act in accordance with the LiveMore panel requirements, the written instructions that LiveMore give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which LiveMore may subsequently subscribe.
- Breaches of LiveMore conveyancing panel requirements
- LiveMore 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.
- Persistent delays in registering a charge on behalf of LiveMore Delays or failure to register the LiveMore charge may result in referral to external lawyers of LiveMore to complete outstanding requirements.
LiveMore panel reinstatement : questions that we get asked
- Do any avenues remain open if our reinstatement panel application with LiveMore is declined?
- Can this firm act for LiveMore while the application for reinstatement on the LiveMore panel is being assessed? How do I know if our reinstatement application to the LiveMore panel is accepted?
- What times frames are involved when applying to be reinstated onto the LiveMore conveyancing panel?
- Is there a fee to be reinstated onto the LiveMore conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the LiveMore panel ?
Top Tip: The best way to avoid the hassle of seeking LiveMore panel reinstatement is to ensure that your firm is not removed off of the LiveMore 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 LiveMore conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to LiveMore 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 LiveMore conveyancing panel.