Removal from the Better HomeOwnership and other lender panels: Why they do it and how to get reinstated
- Breaches of Better HomeOwnership conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Better HomeOwnership convincing panel
- Your practice fails to meet the criteria to remain on the Better HomeOwnership conveyancing panel
- Recurring delays in post completion requirements on behalf of Better HomeOwnership
- 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.
Better HomeOwnership panel reinstatement : questions that we get asked
- Am I restricted as to the amount of times my practice can submit applications to be reinstated on the Better HomeOwnership conveyancing panel?
- Can you outline the application procedures to revert back onto the Better HomeOwnership conveyancing panel?
- How do I discover why this practice’s application for reinstatement was turned down?
- Does the COLP in my firm need to sign the reinstatement application to the Better HomeOwnership panel ?
- What are the consequences if our Better HomeOwnership panel reinstatement application is rejected and our client has a mortgage offer 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.