Removal from the HSBC UK Bank and other lender panels: Why they do it and how to get reinstated

  • Failure to act in accordance with the HSBC UK Bank panel requirements, the written instructions that HSBC UK Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which HSBC UK Bank may subsequently subscribe.
  • Missing deadline to reapply to remain on the HSBC UK Bank convincing panel
  • Persistent non-compliance with post completion requirements on behalf of HSBC UK Bank
  • Recurring delays in registering security on behalf of HSBC UK Bank Delays or failure to register the HSBC UK Bank charge may result in referral to external lawyers of HSBC UK Bank to complete outstanding requirements.
  • Breaches of HSBC UK Bank conveyancing panel Terms and Conditions

How can we assist? HSBC UK Bank panel reinstatement questions

  • Is there a cost to revert back onto the HSBC UK Bank conveyancing panel?
  • Is the door firmly shut if my firm’s reinstatement panel submission with HSBC UK Bank is turned down?
  • Is there a limit to the number of times my practice can submit applications to be reinstated on the HSBC UK Bank conveyancing panel?
  • What times frames are involved when applying to be reinstated onto the HSBC UK Bank conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the HSBC UK Bank conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking HSBC UK Bank panel reinstatement is to ensure that your firm is not removed off of the HSBC UK Bank 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 HSBC UK Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to HSBC UK Bank 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 HSBC UK Bank conveyancing panel.

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