Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Halifax convincing panel
- Failure to act in accordance with the Halifax panel requirements, the written instructions that Halifax provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Halifax may subsequently subscribe.
- Your firm fails to meet the criteria to remain on the Halifax conveyancing panel
- Recurring delays in post completion requirements set by Halifax
- 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.
Common questions about Halifax conveyancing panel reinstatement
- What are the next steps open to me if our Halifax panel reinstatement application is turned down and our client has a mortgage application with the Halifax?
- Does the COLP in my firm need to complete the reinstatement application to the Halifax panel ?
- What times frames are involved when applying to be reinstated onto the Halifax conveyancing panel?
- What is the application procedures to revert back onto the Halifax conveyancing panel?
- Is there a limit to the number of times my practice can apply to get back on the Halifax conveyancing 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.