Removal from the St James Place and other lender panels: Why they do it and how to get reinstated
- Persistent 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.
- Missing deadline to reapply to be on the St James Place convincing panel
- Your firm fails to meet the criteria to remain on the St James Place conveyancing panel
- Non-compliance 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 subscribe.
- Recurring non-compliance with post completion requirements set by St James Place
Common questions about St James Place conveyancing panel reinstatement
- Am I restricted as to the number of occasions my law firm can apply to be reinstated on the St James Place conveyancing panel?
- What are our options if my firm’s reinstatement panel submission with St James Place is refused?
- How long does the application process take when applying to revert back onto the St James Place conveyancing panel?
- Is there a cost to revert back 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 assessed? How do I know if our reinstatement appeal to the St James Place panel is approved?
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.