Removal from the Halifax Loans and other lender panels: Why they do it and how to get reinstated
- Breaches of Halifax Loans conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of Halifax Loans
- Missing deadline to reapply to be on the Halifax Loans convincing panel
- Non-compliance with the Halifax Loans panel terms, the written instructions that Halifax Loans give you 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.
Frequently asked questions concerning Halifax Loans panel reinstatement
- 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 application to the Halifax Loans panel is accepted?
- What are our options if my firm’s reinstatement panel submission with Halifax Loans is rejected?
- Is it the practice manager who is required to complete the reinstatement application to the Halifax Loans panel ?
- What are the consequences if our Halifax Loans panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Halifax Loans?
- Is there a fee to be reinstated 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 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 Loans conveyancing panel.