Removal from the Habito and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Habito panel terms, the written instructions that Habito provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Habito may subsequently subscribe.
- Habito may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Failure to reapply to be on the Habito convincing panel
- Breaches of Habito conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements set by Habito
Habito panel reinstatement : questions that we get asked
- Does the COLP in my firm need to complete the reinstatement application to the Habito panel ?
- Can we appeal if this practice’s application for reinstatement was rejected?
- What are our options if my firm’s reinstatement panel submission with Habito is turned down?
- How long does the application process take when applying to be reinstated onto the Habito conveyancing panel?
- Can this firm act for Habito while the application for reinstatement on the Habito panel is being assessed? How do I find out if our reinstatement appeal to the Habito panel is approved?
Top Tip: The best way to avoid the hassle of seeking Habito panel reinstatement is to ensure that your firm is not removed off of the Habito 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 Habito conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Habito 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 Habito conveyancing panel.