Removal from the St James Place and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the St James Place panel requirements, the written instructions that St James Place provide 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
- Your law firm fails to meet the criteria to remain on the St James Place conveyancing panel
- Recurring 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.
- Breaches of St James Place conveyancing panel requirements
How can we assist? St James Place panel reinstatement questions
- Is there a cost to be reinstated onto the St James Place conveyancing panel?
- Is it possible to find out our application for reinstatement is rejected?
- How long does the application process take when applying to revert back onto the St James Place conveyancing panel?
- What happens if our St James Place panel reinstatement application is declined and the client of the firm has a mortgage application with the St James Place?
- Does my practice need to apply annually to be reinstated 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.