Removal from the Foundation Home loans and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Foundation Home loans panel terms, the written instructions that Foundation Home loans give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Foundation Home loans may subsequently adopt.
- Your practice fails to meet the criteria to remain on the Foundation Home loans conveyancing panel
- Breaches of Foundation Home loans conveyancing panel requirements
- Recurring delays in registering a charge 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.
- Persistent delays in post completion requirements on behalf of Foundation Home loans
Foundation Home loans panel reinstatement : questions that we get asked
- Is there a charge to revert back onto the Foundation Home loans conveyancing panel?
- How long does the application process take when applying to revert back onto the Foundation Home loans conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- Am I restricted as to the amount of occasions my practice can apply to get back on the Foundation Home loans conveyancing panel?
- What is the application procedures 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 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.