Removal from the Landmark and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge 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.
- Your practice no longer meets the criteria to remain on the Landmark conveyancing panel
- Breaches of Landmark conveyancing panel requirements
- Recurring 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.
Top questions concerning Landmark panel reinstatement
- Does my practice need to apply annually to be reinstated on the Landmark conveyancing panel?
- What times frames are involved when applying to revert back onto the Landmark conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Landmark is declined?
- Is there a limit to the number of occasions my firm can submit applications to get back on the Landmark conveyancing panel?
- What happens if our Landmark panel reinstatement application is refused 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 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.