Removal from the Landmark and other lender panels: Why they do it and how to get reinstated
- Breaches of Landmark conveyancing panel Terms and Conditions
- Recurring 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.
- Non-compliance with the Landmark panel terms, the written instructions that Landmark provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Landmark may subsequently adopt.
- Persistent delays in post completion requirements set by Landmark
- Landmark 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.
Landmark panel reinstatement: Five Common Questions
- How often will this firm be required to re-apply to remain on the Landmark conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Landmark is declined?
- Is there a cost to be reinstated onto the Landmark conveyancing panel?
- How do I discover why this practice’s application for reinstatement is turned down?
- What happens if our Landmark panel reinstatement application is rejected and the client of the firm has a mortgage application with the Landmark?
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.