Removal from the Gen H and other lender panels: Why they do it and how to get reinstated
- Breaches of Gen H conveyancing panel requirements
- Recurring delays in registering security on behalf of Gen H Delays or failure to register the Gen H charge may result in referral to external lawyers of Gen H to complete outstanding requirements.
- Your firm no longer meets the criteria to remain on the Gen H conveyancing panel
- Failure to reapply to be on the Gen H convincing panel
- Non-compliance with the Gen H panel terms, the written instructions that Gen H give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Gen H may subsequently subscribe.
Answers to Frequently asked questions concerning Gen H panel reinstatement
- What times frames are involved when applying to be reinstated onto the Gen H conveyancing panel?
- Is there a charge to be reinstated onto the Gen H conveyancing panel?
- Can this firm act for Gen H while the application for reinstatement on the Gen H panel is being progressed? How do I know if our reinstatement application to the Gen H panel is approved?
- What are our options if my firm’s reinstatement panel submission with Gen H is turned down?
- Who should complete the reinstatement application to the Gen H panel ?
Top Tip: The best way to avoid the hassle of seeking Gen H panel reinstatement is to ensure that your firm is not removed off of the Gen H 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 Gen H conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Gen H 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 Gen H conveyancing panel.