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.
- Your practice no longer meets the criteria to remain on the HSBC UK Bank conveyancing panel
- Recurring delays in post completion requirements set by HSBC UK Bank
- Significant delays in registering a charge 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
Frequently asked questions concerning HSBC UK Bank panel reinstatement
- Is the door firmly shut if our reinstatement panel application with HSBC UK Bank is refused?
- How long does the application process take when applying to revert back onto the HSBC UK Bank conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement is rejected?
- Is there a limit to the number of occasions my firm can apply to get back on the HSBC UK Bank conveyancing panel?
- What will happen if our HSBC UK Bank panel reinstatement application is declined and the client of the firm has a mortgage offer with the HSBC UK Bank?
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.