Removal from the Platform and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Platform conveyancing panel
- Recurring delays in post completion requirements set by Platform
- Significant 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.
- Platform 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 Platform convincing panel
FAQs : Platform Conveyancing panel reinstatement
- Does my practice need to apply annually to remain on the Platform conveyancing panel?
- What happens if our Platform panel reinstatement application is declined and the client of the firm has a mortgage offer with the Platform?
- Am I restricted as to the number of occasions my practice can submit applications to be reinstated on the Platform conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement was rejected?
- Please can you set out the application protocol to revert back 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.