Removal from the Gen H and other lender panels: Why they do it and how to get reinstated
- 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.
- Missing deadline to reapply to be on the Gen H convincing panel
- Persistent 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 law firm no longer meets the criteria to remain on the Gen H conveyancing panel
- Non-compliance with the Gen H panel requirements, 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.
Common questions about Gen H conveyancing panel reinstatement
- What is the application protocol to revert back onto the Gen H conveyancing panel?
- Can we appeal if this practice’s application for reinstatement is turned down?
- Does my practice need to apply annually to remain on the Gen H conveyancing panel?
- Can this firm act for Gen H while the appeal for reinstatement on the Gen H panel is being progressed? How do I discover if our reinstatement appeal to the Gen H panel is approved?
- 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 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 Gen H conveyancing panel.