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

  • Breaches of HSBC UK Bank conveyancing panel requirements
  • 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.
  • 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.
  • 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 adopt.
  • Missing deadline to reapply to be on the HSBC UK Bank convincing panel

HSBC UK Bank panel reinstatement : questions that we get asked

  • Is there a fee to revert back onto the HSBC UK Bank conveyancing panel?
  • What happens if our HSBC UK Bank panel reinstatement application is declined and our client has a mortgage application with the HSBC UK Bank?
  • What are our options if our reinstatement panel submission with HSBC UK Bank is declined?
  • Is there a limit to the number of times my practice can apply to be reinstated on the HSBC UK Bank conveyancing panel?
  • Please can you set out the application procedures to revert back 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 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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