Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of LiveMore
- LiveMore 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.
- Failure to act in accordance with the LiveMore panel terms, 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.
- Your law firm fails to meet the criteria to remain on the LiveMore conveyancing panel
- Significant delays in registering security 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.
Questions LiveMore panel reinstatement firms ask us
- Is there a cost to be reinstated onto the LiveMore conveyancing panel?
- How long does the application process take when applying to revert back onto the LiveMore conveyancing panel?
- Can this firm act for LiveMore while the appeal for reinstatement on the LiveMore panel is being assessed? How do I find out if our reinstatement application to the LiveMore panel is accepted?
- Is there a limit to the number of occasions my law firm can submit applications to be reinstated on the LiveMore conveyancing panel?
- What are the consequences if our LiveMore panel reinstatement application is refused and our client has a mortgage application with the LiveMore?
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 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 LiveMore conveyancing panel.