Removal from the Platform and other lender panels: Why they do it and how to get reinstated

  • Breaches of Platform conveyancing panel requirements
  • Your firm fails to meet the criteria to remain on the Platform conveyancing panel
  • Recurring delays in registering a charge 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.
  • Significant delays in post completion requirements on behalf of Platform
  • Missing deadline to reapply to remain on the Platform convincing panel

Platform panel reinstatement : questions that we get asked

  • What happens if our Platform panel reinstatement application is turned down and our client has a mortgage application with the Platform?
  • Am I restricted as to the number of times my law firm can apply to get back on the Platform conveyancing panel?
  • Can this firm act for Platform while the application for reinstatement on the Platform panel is being processed? How do I discover if our reinstatement application to the Platform panel is approved?
  • Does my practice need to apply annually to remain on the Platform conveyancing panel?
  • Please can you set out the application process to be reinstated onto 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.

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