Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the LiveMore convincing panel
- 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 non-compliance with post completion requirements on behalf of LiveMore
- Breaches of LiveMore conveyancing panel requirements
- 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.
Top questions concerning LiveMore panel reinstatement
- Can we act for LiveMore while the appeal for reinstatement on the LiveMore panel is being assessed? How do I know if our reinstatement appeal to the LiveMore panel is accepted?
- Is there a limit to the number of occasions my firm can submit applications to get back on the LiveMore conveyancing panel?
- Is there a charge to be reinstated onto the LiveMore conveyancing panel?
- What are the next steps open to me if our LiveMore panel reinstatement application is refused and the client of the firm has a mortgage application with the LiveMore?
- Does my practice need to apply annually to remain on the LiveMore conveyancing 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.