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

  • Failure to reapply to be on the Platform convincing panel
  • Breaches of Platform conveyancing panel Terms and Conditions
  • 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.
  • 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.
  • Your firm fails to meet the criteria to remain on the Platform conveyancing panel

Answers to Frequently asked questions concerning Platform panel reinstatement

  • Can you outline the application process to be reinstated onto the Platform conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Platform conveyancing panel?
  • Can we appeal if our application for reinstatement is rejected?
  • What are the next steps open to me if our Platform panel reinstatement application is rejected and our client has a mortgage application with the Platform?
  • What times frames are involved when applying 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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