Removal from the Hinckley and Rugby and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to act in accordance with the Hinckley and Rugby panel requirements, the written instructions that Hinckley and Rugby give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Hinckley and Rugby may subsequently adopt.
- Recurring delays in post completion requirements set by Hinckley and Rugby
- Breaches of Hinckley and Rugby conveyancing panel requirements
- Your firm no longer meets the criteria to remain on the Hinckley and Rugby conveyancing panel
Hinckley and Rugby panel reinstatement: Five Common Questions
- Is there a charge to revert back onto the Hinckley and Rugby conveyancing panel?
- Can we act for Hinckley and Rugby while the appeal for reinstatement on the Hinckley and Rugby panel is being assessed? How do I discover if our reinstatement application to the Hinckley and Rugby panel is approved?
- What times frames are involved when applying to be reinstated onto the Hinckley and Rugby conveyancing panel?
- Is there a limit to the amount of times my practice can apply to be reinstated on the Hinckley and Rugby conveyancing panel?
- Does my practice need to apply annually to remain on the Hinckley and Rugby conveyancing panel?
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 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 Hinckley and Rugby conveyancing panel.