Removal from the Hampden and other lender panels: Why they do it and how to get reinstated
- Hampden 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 law firm no longer meets the criteria to remain on the Hampden conveyancing panel
- Persistent delays in registering a charge 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.
- Breaches of Hampden conveyancing panel requirements
- Failure to reapply to remain on the Hampden convincing panel
Questions Hampden panel reinstatement firms ask us
- Does my practice need to apply annually to be reinstated on the Hampden conveyancing panel?
- Can this firm act for Hampden while the appeal for reinstatement on the Hampden panel is being assessed? How do I know if our reinstatement appeal to the Hampden panel is accepted?
- Is it possible to find out my firm’s application for reinstatement was refused?
- Who should sign the reinstatement application to the Hampden panel ?
- What are the next steps open to me if our Hampden panel reinstatement application is rejected and our client has a mortgage application with the Hampden?
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.