Removal from the Hampden and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Hampden conveyancing panel
- Failure to act in accordance with the Hampden panel requirements, the written instructions that Hampden give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hampden may subsequently adopt.
- Breaches of Hampden conveyancing panel requirements
- Persistent delays in post completion requirements on behalf of Hampden
- Persistent delays in registering security on behalf of Hampden Delays or failure to register the Hampden charge may result in referral to external lawyers of Hampden to complete outstanding requirements.
FAQs : Hampden Conveyancing panel reinstatement
- What are our options if our reinstatement panel submission with Hampden is refused?
- Can this firm act for Hampden while the appeal for reinstatement on the Hampden panel is being progressed? How do I find out if our reinstatement application to the Hampden panel is accepted?
- Is it possible to find out our application for reinstatement was turned down?
- Does the COLP in my firm need to sign the reinstatement application to the Hampden panel ?
- Is there a cost to be reinstated onto the Hampden conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Hampden panel reinstatement is to ensure that your firm is not removed off of the Hampden 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 Hampden conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Hampden 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 Hampden conveyancing panel.