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.
- Missing deadline to reapply to remain on the Hinckley and Rugby convincing panel
- Persistent 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.
- Breaches of Hinckley and Rugby conveyancing panel Terms and Conditions
- Non-compliance with the Hinckley and Rugby panel terms, 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.
Answers to Frequently asked questions concerning Hinckley and Rugby panel reinstatement
- Can we appeal if our application for reinstatement is rejected?
- Can this firm act for Hinckley and Rugby while the appeal for reinstatement on the Hinckley and Rugby panel is being progressed? How do I find out if our reinstatement appeal to the Hinckley and Rugby panel is accepted?
- What is the application protocol to be reinstated onto the Hinckley and Rugby conveyancing panel?
- What are the consequences if our Hinckley and Rugby panel reinstatement application is turned down and the client of the firm has a mortgage application with the Hinckley and Rugby?
- What are our options if our reinstatement panel submission with Hinckley and Rugby is refused?
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.