Removal from the Perenna and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Perenna
- Breaches of Perenna conveyancing panel Terms and Conditions
- Failure to reapply to be on the Perenna convincing panel
- Recurring delays in registering security on behalf of Perenna Delays or failure to register the Perenna charge may result in referral to external lawyers of Perenna to complete outstanding requirements.
- Failure to act in accordance with the Perenna panel terms, the written instructions that Perenna give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Perenna may subsequently adopt.
Perenna Conveyancing Panel Reinstatement: Common Questions
- Is the door firmly shut if our reinstatement panel application with Perenna is turned down?
- What will happen if our Perenna panel reinstatement application is refused and the client of the firm has a mortgage offer with the Perenna?
- Who should complete the reinstatement application to the Perenna panel ?
- What times frames are involved when applying to be reinstated onto the Perenna conveyancing panel?
- Please can you set out the application procedures to be reinstated onto the Perenna conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Perenna panel reinstatement is to ensure that your firm is not removed off of the Perenna 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 Perenna conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Perenna 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 Perenna conveyancing panel.