Removal from the Hampden and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Hampden convincing panel
- Recurring 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.
- Your practice fails to meet the criteria to remain on the Hampden conveyancing panel
- Breaches of Hampden conveyancing panel Terms and Conditions
- Non-compliance with the Hampden panel terms, the written instructions that Hampden provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hampden may subsequently adopt.
Hampden Conveyancing Panel Reinstatement: Common Questions
- Is there a fee to be reinstated onto the Hampden conveyancing panel?
- Can you outline the application process to be reinstated onto the Hampden conveyancing panel?
- Can we act for Hampden while the application for reinstatement on the Hampden panel is being assessed? How do I know if our reinstatement application to the Hampden panel is accepted?
- Is the door firmly shut if my firm’s reinstatement panel submission with Hampden is rejected?
- Is it the practice manager who is required to complete the reinstatement application to the Hampden 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.