Removal from the Landmark and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Landmark conveyancing panel
- Non-compliance with the Landmark panel requirements, the written instructions that Landmark provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landmark may subsequently subscribe.
- Significant delays in registering security on behalf of Landmark Delays or failure to register the Landmark charge may result in referral to external lawyers of Landmark to complete outstanding requirements.
- Landmark 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.
- Breaches of Landmark conveyancing panel Terms and Conditions
Frequently asked questions concerning Landmark panel reinstatement
- Is there a fee to revert back onto the Landmark conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Landmark panel ?
- What will happen if our Landmark panel reinstatement application is rejected and our client has a mortgage offer with the Landmark?
- What is the application procedures to be reinstated onto the Landmark conveyancing panel?
- Can we act for Landmark while the application for reinstatement on the Landmark panel is being reviewed? How do I find out if our reinstatement appeal to the Landmark panel is approved?
Top Tip: The best way to avoid the hassle of seeking Landmark panel reinstatement is to ensure that your firm is not removed off of the Landmark 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 Landmark conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Landmark 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 Landmark conveyancing panel.