Removal from the Foundation Home loans and other lender panels: Why they do it and how to get reinstated
- 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.
- Significant non-compliance with post completion requirements set by Foundation Home loans
- Missing deadline to reapply to be on the Foundation Home loans convincing panel
- Your law firm no longer meets the criteria to remain on the Foundation Home loans conveyancing 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.
Foundation Home loans Conveyancing Panel Reinstatement: Common Questions
- What are our options if our reinstatement panel application with Foundation Home loans is refused?
- Can we act for Foundation Home loans while the appeal for reinstatement on the Foundation Home loans panel is being assessed? How do I know if our reinstatement appeal to the Foundation Home loans panel is approved?
- How often will this firm be required to re-apply to be reinstated on the Foundation Home loans conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Foundation Home loans conveyancing panel?
- Is there a cost to revert back onto the Foundation Home loans conveyancing 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 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 Foundation Home loans conveyancing panel.