Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- Breaches of Halifax conveyancing panel Terms and Conditions
- Failure to act in accordance with the Halifax panel terms, 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 adopt.
- Halifax may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Your practice no longer meets the criteria to remain on the Halifax conveyancing panel
- 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.
Common questions about Halifax conveyancing panel reinstatement
- What will happen if our Halifax panel reinstatement application is declined and the client of the firm has a mortgage application with the Halifax?
- What is the application protocol to revert back onto the Halifax conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Halifax is turned down?
- What times frames are involved when applying to be reinstated onto the Halifax conveyancing panel?
- Can we appeal if our application for reinstatement was rejected?
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.