Removal from the St James Place and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge 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.
- Persistent delays in post completion requirements set by St James Place
- Breaches of St James Place conveyancing panel requirements
- Failure to reapply to be on the St James Place convincing panel
- 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.
Questions St James Place panel reinstatement firms ask us
- Am I restricted as to the amount of occasions my practice can apply to get back on the St James Place conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement was refused?
- Do any avenues remain open if our reinstatement panel application with St James Place is declined?
- Does the COLP in my firm need to sign the reinstatement application to the St James Place panel ?
- What is 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.