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

  • Failure to reapply to remain on the HSBC UK Bank convincing panel
  • 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 requirements
  • Your practice no longer meets the criteria to remain on the HSBC UK Bank conveyancing panel
  • Persistent 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.

Top questions concerning HSBC UK Bank panel reinstatement

  • Do any avenues remain open if my firm’s reinstatement panel submission with HSBC UK Bank is rejected?
  • Can this firm act for HSBC UK Bank while the appeal for reinstatement on the HSBC UK Bank panel is being assessed? How do I find out if our reinstatement appeal to the HSBC UK Bank panel is approved?
  • What are the consequences if our HSBC UK Bank panel reinstatement application is declined and our client has a mortgage offer with the HSBC UK Bank?
  • Am I restricted as to the amount of occasions my firm can apply to be reinstated on the HSBC UK Bank conveyancing panel?
  • What is the application protocol to be reinstated onto 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.

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