Removal from the Capital Home Loans and other lender panels: Why they do it and how to get reinstated
- Capital Home Loans may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Failure to act in accordance with the Capital Home Loans panel terms, the written instructions that Capital Home Loans provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Capital Home Loans may subsequently adopt.
- Failure to reapply to remain on the Capital Home Loans convincing panel
- Significant delays in registering a charge 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.
- Breaches of Capital Home Loans conveyancing panel requirements
Answers to Frequently asked questions concerning Capital Home Loans panel reinstatement
- How do I discover why our application for reinstatement was refused?
- What times frames are involved when applying to revert back onto the Capital Home Loans conveyancing panel?
- How often will this firm be required to re-apply to remain on the Capital Home Loans conveyancing panel?
- Is there a cost to be reinstated onto the Capital Home Loans conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Capital Home Loans 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 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 Capital Home Loans conveyancing panel.