Removal from the Generation Home and other lender panels: Why they do it and how to get reinstated

  • Persistent delays in registering security on behalf of Generation Home Delays or failure to register the Generation Home charge may result in referral to external lawyers of Generation Home to complete outstanding requirements.
  • Recurring delays in post completion requirements on behalf of Generation Home
  • Failure to act in accordance with the Generation Home panel terms, the written instructions that Generation Home give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Generation Home may subsequently subscribe.
  • Your law firm fails to meet the criteria to remain on the Generation Home conveyancing panel
  • Generation Home 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.

Answers to Frequently asked questions concerning Generation Home panel reinstatement

  • Can this firm act for Generation Home while the application for reinstatement on the Generation Home panel is being assessed? How do I find out if our reinstatement application to the Generation Home panel is accepted?
  • Am I restricted as to the amount of times my law firm can apply to be reinstated on the Generation Home conveyancing panel?
  • Is there a fee to be reinstated onto the Generation Home conveyancing panel?
  • What will happen if our Generation Home panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Generation Home?
  • Is it the practice manager who is required to sign the reinstatement application to the Generation Home panel ?

Top Tip: The best way to avoid the hassle of seeking Generation Home panel reinstatement is to ensure that your firm is not removed off of the Generation Home 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 Generation Home conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Generation Home 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 Generation Home conveyancing panel.

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