Removal from the LiveMore and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of LiveMore conveyancing panel requirements
- Significant delays in post completion requirements on behalf of LiveMore
- 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.
- 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.
Frequently asked questions concerning LiveMore panel reinstatement
- To what extent is my firm permanently excluded if our reinstatement panel submission with LiveMore is refused?
- Who should sign the reinstatement application to the LiveMore panel ?
- Is there a charge to revert back onto the LiveMore conveyancing panel?
- Are you able to explain why our application for reinstatement is declined?
- Am I restricted as to the number of occasions my firm can submit applications to be reinstated 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 preferred 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.