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

  • Significant delays in post completion requirements set by Generation Home
  • Significant delays in registering a charge 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 be on the Generation Home convincing panel
  • Non-compliance with the Generation Home panel terms, the written instructions that Generation Home provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Generation Home may subsequently adopt.
  • Breaches of Generation Home conveyancing panel requirements

Answers to Frequently asked questions concerning Generation Home panel reinstatement

  • Who should complete the reinstatement application to the Generation Home panel ?
  • Is it possible to find out our application for reinstatement was declined?
  • How often will this firm be required to re-apply to remain on the Generation Home conveyancing panel?
  • What happens if our Generation Home panel reinstatement application is refused and the client of the firm has a mortgage application with the Generation Home?
  • Can this firm act for Generation Home while the application for reinstatement on the Generation Home panel is being processed? How do I know if our reinstatement appeal to the Generation Home panel is approved?

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 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 Generation Home conveyancing panel.

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