Removal from the Platform and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of Platform
- Breaches of Platform conveyancing panel Terms and Conditions
- Your firm fails to meet the criteria to remain on the Platform conveyancing panel
- Significant delays in registering security on behalf of Platform Delays or failure to register the Platform charge may result in referral to external lawyers of Platform to complete outstanding requirements.
- Missing deadline to reapply to be on the Platform convincing panel
Questions Platform panel reinstatement firms ask us
- What happens if our Platform panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Platform?
- Is there a fee to be reinstated onto the Platform conveyancing panel?
- Can you outline the application process to revert back onto the Platform conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Platform conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Platform conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Platform panel reinstatement is to ensure that your firm is not removed off of the Platform 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 Platform conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Platform 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 Platform conveyancing panel.