Removal from the Capital Home Loans and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Capital Home Loans convincing panel
- Non-compliance with the Capital Home Loans panel requirements, the written instructions that Capital Home Loans give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Capital Home Loans may subsequently adopt.
- Significant delays in registering security on behalf of Capital Home Loans Delays or failure to register the Capital Home Loans charge may result in referral to external lawyers of Capital Home Loans to complete outstanding requirements.
- Persistent non-compliance with post completion requirements set by Capital Home Loans
- Capital Home Loans 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.
Answers to Frequently asked questions concerning Capital Home Loans panel reinstatement
- Is there a cost to be reinstated onto the Capital Home Loans conveyancing panel?
- What are our options if our reinstatement panel application with Capital Home Loans is rejected?
- Am I restricted as to the number of times my firm can submit applications to be reinstated on the Capital Home Loans conveyancing panel?
- What times frames are involved when applying to revert back onto the Capital Home Loans conveyancing panel?
- Can you outline the application process to revert back onto the Capital Home Loans conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Capital Home Loans panel reinstatement is to ensure that your firm is not removed off of the Capital Home Loans 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 Capital Home Loans conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Capital Home Loans 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 Capital Home Loans conveyancing panel.