Removal from the Gen H and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Gen H convincing panel
- Gen H may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Your firm no longer meets the criteria to remain on the Gen H conveyancing panel
- Significant 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.
- Failure to act in accordance with the Gen H panel terms, the written instructions that Gen H provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Gen H may subsequently adopt.
FAQs : Gen H Conveyancing panel reinstatement
- Do any avenues remain open if our reinstatement panel application with Gen H is rejected?
- Can you outline the application process to be reinstated onto the Gen H conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement is rejected?
- Can this firm act for Gen H while the application for reinstatement on the Gen H panel is being reviewed? How do I discover if our reinstatement appeal to the Gen H panel is accepted?
- What times frames are involved when applying to revert back onto the Gen H conveyancing 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.