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 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.
- Recurring delays in registering a charge 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 Terms and Conditions
- Missing deadline to reapply to remain on the Halifax Loans convincing panel
Common queries about Halifax Loans conveyancing panel reinstatement
- Does my practice need to apply annually to remain on the Halifax Loans conveyancing panel?
- Can you outline the application procedures to be reinstated onto the Halifax Loans conveyancing panel?
- What are the consequences if our Halifax Loans panel reinstatement application is refused and the client of the firm has a mortgage offer with the Halifax Loans?
- Is the door firmly shut if my firm’s reinstatement panel submission with Halifax Loans is rejected?
- What times frames are involved when applying to revert back onto the Halifax Loans conveyancing 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.