Removal from the Halifax Loans and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Halifax Loans panel terms, 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 subscribe.
- 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.
- Your firm no longer meets the criteria to remain on the Halifax Loans conveyancing panel
- 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.
- Breaches of Halifax Loans conveyancing panel requirements
Halifax Loans panel reinstatement : questions that we get asked
- Can we act for Halifax Loans while the appeal for reinstatement on the Halifax Loans panel is being reviewed? How do I find out if our reinstatement appeal to the Halifax Loans panel is approved?
- What is the application protocol to be reinstated onto the Halifax Loans conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Halifax Loans conveyancing panel?
- Am I restricted as to the amount of times my firm can apply to be reinstated on the Halifax Loans conveyancing panel?
- What are the next steps open to me if our Halifax Loans panel reinstatement application is refused and the client of the firm has a mortgage application with the Halifax Loans?
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.