Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the LiveMore panel terms, the written instructions that LiveMore provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which LiveMore may subsequently adopt.
- Your practice fails to meet the criteria to remain on the LiveMore conveyancing panel
- 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.
- Breaches of LiveMore conveyancing panel Terms and Conditions
- Failure to reapply to be on the LiveMore convincing panel
Top questions concerning LiveMore panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the LiveMore panel ?
- Does my practice need to apply annually to be reinstated on the LiveMore conveyancing panel?
- How do I discover why this practice’s application for reinstatement is turned down?
- Am I restricted as to the number of occasions my practice can submit applications to get back on the LiveMore conveyancing panel?
- What are our options if our reinstatement panel application with LiveMore is rejected?
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.