Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering security on behalf of Halifax Delays or failure to register the Halifax charge may result in referral to external lawyers of Halifax to complete outstanding requirements.
- Failure to reapply to be on the Halifax convincing panel
- Recurring delays in post completion requirements set by Halifax
- Halifax 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.
- Non-compliance with the Halifax panel requirements, the written instructions that Halifax give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Halifax may subsequently subscribe.
Frequently asked questions concerning Halifax panel reinstatement
- Can we act for Halifax while the appeal for reinstatement on the Halifax panel is being progressed? How do I discover if our reinstatement application to the Halifax panel is accepted?
- Are you able to explain why my firm’s application for reinstatement was turned down?
- What times frames are involved when applying to be reinstated onto the Halifax conveyancing panel?
- What are the consequences if our Halifax panel reinstatement application is turned down and our client has a mortgage application with the Halifax?
- Who should sign the reinstatement application to the Halifax panel ?
Top Tip: The best way to avoid the hassle of seeking Halifax panel reinstatement is to ensure that your firm is not removed off of the Halifax 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 Halifax conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Halifax 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 Halifax conveyancing panel.