Removal from the Handelsbanken and other lender panels: Why they do it and how to get reinstated
- Handelsbanken may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Failure to act in accordance with the Handelsbanken panel requirements, the written instructions that Handelsbanken provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Handelsbanken may subsequently adopt.
- Recurring delays in registering security on behalf of Handelsbanken Delays or failure to register the Handelsbanken charge may result in referral to external lawyers of Handelsbanken to complete outstanding requirements.
- Persistent delays in post completion requirements set by Handelsbanken
- Breaches of Handelsbanken conveyancing panel Terms and Conditions
Frequently asked questions concerning Handelsbanken panel reinstatement
- Does the COLP in my firm need to complete the reinstatement application to the Handelsbanken panel ?
- What is the application procedures to revert back onto the Handelsbanken conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Handelsbanken conveyancing panel?
- Am I restricted as to the amount of times my firm can apply to get back on the Handelsbanken conveyancing panel?
- What times frames are involved when applying to revert back onto the Handelsbanken conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Handelsbanken panel reinstatement is to ensure that your firm is not removed off of the Handelsbanken 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 Handelsbanken conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Handelsbanken 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 Handelsbanken conveyancing panel.