Removal from the Perenna and other lender panels: Why they do it and how to get reinstated
- Breaches of Perenna conveyancing panel requirements
- Non-compliance 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 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.
- Missing deadline to reapply to be on the Perenna convincing panel
- Your practice no longer meets the criteria to remain on the Perenna conveyancing panel
Common questions about Perenna conveyancing panel reinstatement
- Is there a fee to be reinstated onto the Perenna conveyancing panel?
- What will happen if our Perenna panel reinstatement application is refused and our client has a mortgage offer with the Perenna?
- Can we act for Perenna while the appeal for reinstatement on the Perenna panel is being processed? How do I find out if our reinstatement appeal to the Perenna panel is approved?
- What times frames are involved when applying to revert back onto the Perenna conveyancing panel?
- Can you outline the application protocol to revert back 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 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 Perenna conveyancing panel.