Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- Breaches of Halifax conveyancing panel requirements
- Failure to reapply to be on the Halifax convincing panel
- Persistent non-compliance with post completion requirements on behalf of 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.
- Significant 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.
Top questions concerning Halifax panel reinstatement
- Can you outline the application protocol to be reinstated onto the Halifax conveyancing panel?
- Can we appeal if my firm’s application for reinstatement was refused?
- Does my practice need to apply annually to be reinstated on the Halifax conveyancing panel?
- What are the next steps open to me if our Halifax panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Halifax?
- What are our options if my firm’s reinstatement panel submission with Halifax is refused?
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 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 Halifax conveyancing panel.