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

  • Recurring 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.
  • Your law firm fails to meet the criteria to remain on the Habito conveyancing panel
  • Breaches of Habito conveyancing panel requirements
  • Recurring non-compliance with post completion requirements on behalf of Habito
  • Failure to act in accordance with the Habito panel requirements, the written instructions that Habito give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Habito may subsequently adopt.

Habito panel reinstatement: Five Common Questions

  • Is it the practice manager who is required to complete the reinstatement application to the Habito panel ?
  • Can we act for Habito while the appeal for reinstatement on the Habito panel is being progressed? How do I find out if our reinstatement application to the Habito panel is approved?
  • Is the door firmly shut if my firm’s reinstatement panel application with Habito is refused?
  • How long does the application process take when applying to revert back onto the Habito conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on 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 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.

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