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St James Place panel reinstatement guidance - Here to help

There are a number of explanations why a firm could be removed from the St James Place conveyancing panel. Here is a sample:

  1. St James Place may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
  2. Failure to reapply to remain on the St James Place convincing panel
  3. Breaches of St James Place conveyancing panel requirements
  4. Persistent non-compliance with post completion requirements on behalf of St James Place
  5. Significant delays in registering security on behalf of St James Place Delays or failure to register the St James Place charge may result in referral to external lawyers of St James Place to complete outstanding requirements.

Answers to Frequently asked questions concerning St James Place panel reinstatement

  1. Are you able to explain why our application for reinstatement is declined?
  2. Is there a charge to revert back onto the St James Place conveyancing panel?
  3. How long does the application process take when applying to be reinstated onto the St James Place conveyancing panel?
  4. What will happen if our St James Place panel reinstatement application is declined and the client of the firm has a mortgage offer with the St James Place?
  5. Is there a limit to the amount of times my practice can apply to get back on 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 preferred 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.