Removal from the Halifax Loans and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Halifax Loans conveyancing panel
- Failure to act in accordance with the Halifax Loans panel requirements, the written instructions that Halifax Loans provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Halifax Loans may subsequently adopt.
- Recurring non-compliance with post completion requirements set by Halifax Loans
- Halifax Loans 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.
- Persistent delays in registering security on behalf of Halifax Loans Delays or failure to register the Halifax Loans charge may result in referral to external lawyers of Halifax Loans to complete outstanding requirements.
Questions Halifax Loans panel reinstatement firms ask us
- What happens if our Halifax Loans panel reinstatement application is rejected and our client has a mortgage application with the Halifax Loans?
- What are our options if our reinstatement panel submission with Halifax Loans is declined?
- Is there a limit to the number of occasions my law firm can apply to be reinstated on the Halifax Loans conveyancing panel?
- Can you outline the application procedures to revert back onto the Halifax Loans conveyancing panel?
- Who should complete the reinstatement application to the Halifax Loans panel ?
Top Tip: The best way to avoid the hassle of seeking Halifax Loans panel reinstatement is to ensure that your firm is not removed off of the Halifax Loans 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 Loans conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Halifax Loans 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 Loans conveyancing panel.