Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- 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.
- Recurring delays in post completion requirements on behalf of Halifax
- Breaches of Halifax conveyancing panel Terms and Conditions
- Failure to act in accordance 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 adopt.
- 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.
FAQs : Halifax Conveyancing panel reinstatement
- What are the next steps open to me if our Halifax panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Halifax?
- What are our options if our reinstatement panel application with Halifax is turned down?
- Can we act for Halifax while the appeal for reinstatement on the Halifax panel is being progressed? How do I know if our reinstatement application to the Halifax panel is accepted?
- Please can you set out the application procedures to revert back onto the Halifax conveyancing panel?
- Am I restricted as to the amount of times my practice can submit applications 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.