Removal from the Landmark and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Landmark convincing panel
- 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.
- 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.
- Failure to act in accordance with the Landmark panel requirements, the written instructions that Landmark give you 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 on behalf of Landmark
FAQs : Landmark Conveyancing panel reinstatement
- What are the next steps open to me if our Landmark panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Landmark?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Landmark is rejected?
- Can we appeal if our application for reinstatement is rejected?
- Is there a cost to be reinstated onto the Landmark conveyancing panel?
- Can you outline the application procedures to revert back onto the Landmark conveyancing panel?
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 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 Landmark conveyancing panel.