Removal from the Generation Home and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Generation Home conveyancing panel
- Recurring 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.
- Missing deadline to reapply to remain on the Generation Home convincing panel
- Breaches of Generation Home conveyancing panel Terms and Conditions
- Non-compliance with the Generation Home panel requirements, 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 adopt.
Generation Home Conveyancing Panel Reinstatement: Common Questions
- What is the application procedures to revert back onto the Generation Home conveyancing panel?
- Do any avenues remain open if our reinstatement panel submission with Generation Home is refused?
- Can this firm act for Generation Home while the appeal for reinstatement on the Generation Home panel is being assessed? How do I know if our reinstatement application to the Generation Home panel is approved?
- Does my practice need to apply annually to remain on the Generation Home conveyancing panel?
- What will happen if our Generation Home panel reinstatement application is refused and our client has a mortgage offer with the Generation Home?
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.