Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- 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.
- 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.
- Breaches of LiveMore conveyancing panel requirements
- Failure to reapply to remain on the LiveMore convincing panel
LiveMore panel reinstatement : questions that we get asked
- Does my practice need to apply annually to be reinstated on the LiveMore conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the LiveMore panel ?
- What are the next steps open to me if our LiveMore panel reinstatement application is declined and our client has a mortgage application with the LiveMore?
- What times frames are involved when applying to be reinstated onto the LiveMore conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is refused?
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.