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.
- Breaches of St James Place conveyancing panel Terms and Conditions
- Significant non-compliance with post completion requirements set by St James Place
- Missing deadline to reapply to remain on the St James Place convincing panel
- Failure to act in accordance with the St James Place panel requirements, 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.
Questions St James Place panel reinstatement firms ask us
- How often will this firm be required to re-apply to be reinstated on the St James Place conveyancing panel?
- What is the application process to revert back onto the St James Place conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with St James Place is turned down?
- Am I restricted as to the number of occasions my law firm can submit applications to be reinstated on the St James Place conveyancing panel?
- Is there a cost 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.