Removal from the St James Place and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the St James Place panel terms, the written instructions that St James Place give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which St James Place may subsequently adopt.
- Recurring delays in post completion requirements on behalf of St James Place
- Breaches of St James Place conveyancing panel Terms and Conditions
- Your firm fails to meet the criteria to remain on the St James Place conveyancing panel
- Failure to reapply to be on the St James Place convincing panel
Frequently asked questions concerning St James Place panel reinstatement
- How long does the application process take when applying to be reinstated onto the St James Place conveyancing panel?
- Can this firm act for St James Place while the application for reinstatement on the St James Place panel is being processed? How do I know if our reinstatement application to the St James Place panel is approved?
- What will happen if our St James Place panel reinstatement application is turned down and our client has a mortgage application with the St James Place?
- Who should complete the reinstatement application to the St James Place panel ?
- Please can you set out the application procedures to be reinstated onto the St James Place conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking St James Place panel reinstatement is to ensure that your firm is not removed off of the St James Place 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 St James Place conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to St James Place 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 St James Place conveyancing panel.