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

  • Failure to reapply to be on the Habito convincing panel
  • 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 act in accordance 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 adopt.
  • Breaches of Habito conveyancing panel Terms and Conditions
  • 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.

Answers to Frequently asked questions concerning Habito panel reinstatement

  • Do any avenues remain open if my firm’s reinstatement panel application with Habito is refused?
  • Does my practice need to apply annually to be reinstated on the Habito conveyancing panel?
  • Can we appeal if our application for reinstatement was declined?
  • Is it the practice manager who is required to complete the reinstatement application to the Habito panel ?
  • Is there a cost 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.

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