Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Persistent 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.
- Non-compliance 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 adopt.
- 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.
- Persistent non-compliance with post completion requirements set by LiveMore
- Failure to reapply to be on the LiveMore convincing panel
Questions LiveMore panel reinstatement firms ask us
- What times frames are involved when applying to revert back onto the LiveMore conveyancing panel?
- What are the consequences if our LiveMore panel reinstatement application is turned down and the client of the firm has a mortgage offer with the LiveMore?
- Is it possible to find out our application for reinstatement was declined?
- Is there a charge to be reinstated onto the LiveMore conveyancing panel?
- Who should complete 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 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.