Removal from the Habito and other lender panels: Why they do it and how to get reinstated
- Habito 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.
- Failure to reapply to be on the Habito convincing panel
- Significant delays in registering security on behalf of Habito Delays or failure to register the Habito charge may result in referral to external lawyers of Habito to complete outstanding requirements.
- Breaches of Habito conveyancing panel Terms and Conditions
- Your law firm fails to meet the criteria to remain on the Habito conveyancing panel
Habito panel reinstatement : questions that we get asked
- Is there a fee to be reinstated onto the Habito conveyancing panel?
- What are the consequences if our Habito panel reinstatement application is declined and the client of the firm has a mortgage application with the Habito?
- Can you outline the application protocol to revert back onto the Habito conveyancing panel?
- Can we act for Habito while the application for reinstatement on the Habito panel is being progressed? How do I find out if our reinstatement application to the Habito panel is approved?
- What times frames are involved when applying to revert back onto the Habito conveyancing panel?
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 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 Habito conveyancing panel.