Removal from the Foundation Home loans and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Foundation Home loans conveyancing panel
- Failure to reapply to remain on the Foundation Home loans convincing panel
- 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.
- Significant delays in registering security on behalf of Foundation Home loans Delays or failure to register the Foundation Home loans charge may result in referral to external lawyers of Foundation Home loans to complete outstanding requirements.
- Breaches of Foundation Home loans conveyancing panel Terms and Conditions
Foundation Home loans panel reinstatement: Five Common Questions
- Is there a fee to revert back onto the Foundation Home loans conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Foundation Home loans panel ?
- How long does the application process take when applying to be reinstated onto the Foundation Home loans conveyancing panel?
- What happens if our Foundation Home loans panel reinstatement application is refused and our client has a mortgage application with the Foundation Home loans?
- Can we act for Foundation Home loans while the application for reinstatement on the Foundation Home loans panel is being progressed? How do I know if our reinstatement application to the Foundation Home loans panel is accepted?
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.