Removal from the Better HomeOwnership and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Better HomeOwnership conveyancing panel
- Non-compliance with the Better HomeOwnership panel requirements, the written instructions that Better HomeOwnership provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Better HomeOwnership may subsequently subscribe.
- Better HomeOwnership may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Recurring delays in registering a charge on behalf of Better HomeOwnership Delays or failure to register the Better HomeOwnership charge may result in referral to external lawyers of Better HomeOwnership to complete outstanding requirements.
- Missing deadline to reapply to be on the Better HomeOwnership convincing panel
Questions Better HomeOwnership panel reinstatement firms ask us
- Can you outline the application protocol to be reinstated onto the Better HomeOwnership conveyancing panel?
- Am I restricted as to the amount of occasions my law firm can apply to get back on the Better HomeOwnership conveyancing panel?
- Is there a fee to be reinstated onto the Better HomeOwnership conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Better HomeOwnership is refused?
- How long does the application process take when applying to be reinstated onto the Better HomeOwnership conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Better HomeOwnership panel reinstatement is to ensure that your firm is not removed off of the Better HomeOwnership 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 Better HomeOwnership conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Better HomeOwnership 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 Better HomeOwnership conveyancing panel.