Removal from the Capital Home Loans and other lender panels: Why they do it and how to get reinstated
- Breaches of Capital Home Loans conveyancing panel requirements
- Persistent 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.
- 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 subscribe.
- 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.
- Your firm no longer meets the criteria to remain on the Capital Home Loans conveyancing panel
Frequently asked questions concerning Capital Home Loans panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the Capital Home Loans panel ?
- How long does the application process take when applying to revert back onto the Capital Home Loans conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Capital Home Loans is refused?
- Can we appeal if this practice’s application for reinstatement was rejected?
- Can this firm act for Capital Home Loans while the application for reinstatement on the Capital Home Loans panel is being assessed? How do I know if our reinstatement application to the Capital Home Loans panel is approved?
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.