Removal from the Better HomeOwnership and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Better HomeOwnership conveyancing panel
- Better HomeOwnership 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.
- Recurring non-compliance with post completion requirements on behalf of Better HomeOwnership
- Failure to reapply to remain on the Better HomeOwnership convincing panel
- Significant delays in registering security 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.
Answers to Frequently asked questions concerning Better HomeOwnership panel reinstatement
- How often will this firm be required to re-apply to remain on the Better HomeOwnership conveyancing panel?
- Do any avenues remain open if our reinstatement panel submission with Better HomeOwnership is turned down?
- Is there a limit to the amount of times my law firm can apply to get back on the Better HomeOwnership conveyancing panel?
- Is it possible to find out our application for reinstatement was turned down?
- Is it the practice manager who is required to complete the reinstatement application to the Better HomeOwnership 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 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 Better HomeOwnership conveyancing panel.