Removal from the Halifax and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Halifax conveyancing panel
- Recurring non-compliance with post completion requirements on behalf of Halifax
- Non-compliance with the Halifax panel terms, 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.
- 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.
- Breaches of Halifax conveyancing panel requirements
Questions Halifax panel reinstatement firms ask us
- Am I restricted as to the amount of occasions my firm can submit applications to get back on the Halifax conveyancing panel?
- Can we act for Halifax while the application for reinstatement on the Halifax panel is being reviewed? How do I find out if our reinstatement appeal to the Halifax panel is accepted?
- What times frames are involved when applying to be reinstated onto the Halifax conveyancing panel?
- How often will this firm be required to re-apply to remain on the Halifax conveyancing panel?
- What are our options if our reinstatement panel submission with Halifax is 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.