Removal from the Better HomeOwnership and other lender panels: Why they do it and how to get reinstated
- Breaches of Better HomeOwnership conveyancing panel requirements
- Significant delays in post completion requirements set by Better HomeOwnership
- Your firm fails to meet the criteria to remain on the Better HomeOwnership conveyancing panel
- Missing deadline to reapply to remain on the Better HomeOwnership convincing panel
- Non-compliance with the Better HomeOwnership panel terms, the written instructions that Better HomeOwnership give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Better HomeOwnership may subsequently subscribe.
Better HomeOwnership Conveyancing Panel Reinstatement: Common Questions
- Please can you set out the application procedures to be reinstated onto the Better HomeOwnership conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Better HomeOwnership panel ?
- Is there a charge to be reinstated onto the Better HomeOwnership conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- What will happen if our Better HomeOwnership panel reinstatement application is turned down and our client has a mortgage application with the Better HomeOwnership?
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.