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
- Your practice fails to meet the criteria to remain on the Capital Home Loans conveyancing panel
- 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.
- Non-compliance with the Capital Home Loans panel requirements, 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 subscribe.
- Breaches of Capital Home Loans conveyancing panel requirements
Top questions concerning Capital Home Loans panel reinstatement
- What times frames are involved when applying to revert back onto the Capital Home Loans conveyancing panel?
- Is there a cost to revert back onto the Capital Home Loans conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with Capital Home Loans is refused?
- Does my practice need to apply annually to remain on the Capital Home Loans conveyancing panel?
- What are the consequences if our Capital Home Loans panel reinstatement application is turned down and our client has a mortgage offer with the Capital Home Loans?
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.