Removal from the HSBC UK Bank and other lender panels: Why they do it and how to get reinstated
- HSBC UK Bank 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.
- Breaches of HSBC UK Bank conveyancing panel Terms and Conditions
- Failure to act in accordance with the HSBC UK Bank panel terms, 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.
- Your firm no longer meets the criteria to remain on the HSBC UK Bank conveyancing panel
- Failure to reapply to remain on the HSBC UK Bank convincing panel
HSBC UK Bank panel reinstatement : questions that we get asked
- Do any avenues remain open if my firm’s reinstatement panel application with HSBC UK Bank is rejected?
- What is the application process to be reinstated onto the HSBC UK Bank conveyancing panel?
- Is there a limit to the number of occasions my firm can apply to get back on the HSBC UK Bank conveyancing panel?
- Can we act for HSBC UK Bank while the appeal for reinstatement on the HSBC UK Bank panel is being processed? How do I know if our reinstatement application to the HSBC UK Bank panel is approved?
- Does my practice need to apply annually to remain 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.