Removal from the Foundation Home loans and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Foundation Home loans
- Your law firm no longer meets the criteria to remain on the Foundation Home loans conveyancing panel
- Breaches of Foundation Home loans conveyancing panel Terms and Conditions
- Foundation 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 Foundation Home loans panel terms, the written instructions that Foundation Home loans provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Foundation Home loans may subsequently adopt.
How can we assist? Foundation Home loans panel reinstatement questions
- Can this firm act for Foundation Home loans while the application for reinstatement on the Foundation Home loans panel is being progressed? How do I discover if our reinstatement application to the Foundation Home loans panel is accepted?
- Can you outline the application process to be reinstated onto the Foundation Home loans conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Foundation Home loans conveyancing panel?
- Is it possible to find out our application for reinstatement is declined?
- Who should complete the reinstatement application to the Foundation Home loans panel ?
Top Tip: The best way to avoid the hassle of seeking Foundation Home loans panel reinstatement is to ensure that your firm is not removed off of the Foundation 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 Foundation Home loans conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Foundation 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 Foundation Home loans conveyancing panel.