Removal from the HSBC UK Bank and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the HSBC UK Bank conveyancing panel
- Missing deadline to reapply to remain on the HSBC UK Bank convincing panel
- Recurring non-compliance with post completion requirements on behalf of HSBC UK Bank
- Failure to act in accordance with the HSBC UK Bank panel requirements, the written instructions that HSBC UK Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which HSBC UK Bank may subsequently adopt.
- Breaches of HSBC UK Bank conveyancing panel requirements
How can we assist? HSBC UK Bank panel reinstatement questions
- What will happen if our HSBC UK Bank panel reinstatement application is turned down and the client of the firm has a mortgage offer with the HSBC UK Bank?
- Is there a cost to revert back onto the HSBC UK Bank conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- Does the COLP in my firm need to sign the reinstatement application to the HSBC UK Bank panel ?
- Does my practice need to apply annually 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 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 HSBC UK Bank conveyancing panel.