Removal from the Hinckley and Rugby and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of Hinckley and Rugby
- Failure to reapply to be on the Hinckley and Rugby convincing panel
- Non-compliance with the Hinckley and Rugby panel requirements, the written instructions that Hinckley and Rugby provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hinckley and Rugby may subsequently adopt.
- Hinckley and Rugby 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.
- Recurring delays in registering security on behalf of Hinckley and Rugby Delays or failure to register the Hinckley and Rugby charge may result in referral to external lawyers of Hinckley and Rugby to complete outstanding requirements.
Hinckley and Rugby panel reinstatement : You have questions, we have answers
- Please can you set out the application procedures to be reinstated onto the Hinckley and Rugby conveyancing panel?
- How often will this firm be required to re-apply to remain on the Hinckley and Rugby conveyancing panel?
- What happens if our Hinckley and Rugby panel reinstatement application is declined and our client has a mortgage application with the Hinckley and Rugby?
- Is there a charge to revert back onto the Hinckley and Rugby conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is declined?
Top Tip: The best way to avoid the hassle of seeking Hinckley and Rugby panel reinstatement is to ensure that your firm is not removed off of the Hinckley and Rugby 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 Hinckley and Rugby conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Hinckley and Rugby 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 Hinckley and Rugby conveyancing panel.