Removal from the St James Place and other lender panels: Why they do it and how to get reinstated
- St James Place 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.
- Failure to reapply to be on the St James Place convincing panel
- Persistent non-compliance with post completion requirements set by St James Place
- Breaches of St James Place conveyancing panel Terms and Conditions
- Your law firm no longer meets the criteria to remain on the St James Place conveyancing panel
How can we assist? St James Place panel reinstatement questions
- How do I discover why our application for reinstatement was rejected?
- Am I restricted as to the number of times my law firm can submit applications to get back on the St James Place conveyancing panel?
- What happens if our St James Place panel reinstatement application is turned down and the client of the firm has a mortgage application with the St James Place?
- Does the COLP in my firm need to sign the reinstatement application to the St James Place panel ?
- Is there a charge 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 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.