Removal from the Perenna and other lender panels: Why they do it and how to get reinstated
- Breaches of Perenna conveyancing panel Terms and Conditions
- Missing deadline to reapply to remain on the Perenna convincing panel
- Your practice fails to meet the criteria to remain on the Perenna conveyancing panel
- Significant non-compliance with post completion requirements on behalf of Perenna
- Non-compliance with the Perenna panel terms, the written instructions that Perenna provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Perenna may subsequently adopt.
Frequently asked questions concerning Perenna panel reinstatement
- Who should complete the reinstatement application to the Perenna panel ?
- What happens if our Perenna panel reinstatement application is declined and our client has a mortgage application with the Perenna?
- Please can you set out the application procedures to revert back onto the Perenna conveyancing panel?
- Is there a fee to revert back onto the Perenna conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on 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.