Removal from the Handelsbanken and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Handelsbanken conveyancing panel
- Recurring delays in registering a charge 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.
- 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 reapply to be on the Handelsbanken convincing panel
- Significant non-compliance with post completion requirements set by Handelsbanken
Answers to Frequently asked questions concerning Handelsbanken panel reinstatement
- How often will this firm be required to re-apply to be reinstated on the Handelsbanken conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Handelsbanken panel ?
- Am I restricted as to the number of times my practice can submit applications to be reinstated on the Handelsbanken conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Handelsbanken conveyancing panel?
- Can we act for Handelsbanken while the application for reinstatement on the Handelsbanken panel is being assessed? How do I find out if our reinstatement application to the Handelsbanken panel is accepted?
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 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 Handelsbanken conveyancing panel.