Removal from the Better HomeOwnership and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Better HomeOwnership panel terms, 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 adopt.
- Persistent non-compliance with post completion requirements on behalf of Better HomeOwnership
- Failure to reapply to remain on the Better HomeOwnership convincing panel
- 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.
- Your firm no longer meets the criteria to remain on the Better HomeOwnership conveyancing panel
How can we assist? Better HomeOwnership panel reinstatement questions
- What are our options if our reinstatement panel application with Better HomeOwnership is turned down?
- How often will this firm be required to re-apply to be reinstated on the Better HomeOwnership conveyancing panel?
- Can this firm act for Better HomeOwnership while the application for reinstatement on the Better HomeOwnership panel is being reviewed? How do I discover if our reinstatement application to the Better HomeOwnership panel is accepted?
- What times frames are involved when applying to revert back onto the Better HomeOwnership conveyancing panel?
- What are the next steps open to me if our Better HomeOwnership panel reinstatement application is rejected and the client of the firm 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.