Removal from the HSBC UK Bank and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by HSBC UK Bank
- Breaches of HSBC UK Bank conveyancing panel 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.
- Non-compliance 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.
- Your practice fails to meet the criteria to remain on the HSBC UK Bank conveyancing panel
Answers to Frequently asked questions concerning HSBC UK Bank panel reinstatement
- Are you able to explain why this practice’s application for reinstatement is declined?
- Can we act for HSBC UK Bank while the application for reinstatement on the HSBC UK Bank panel is being reviewed? How do I discover if our reinstatement appeal to the HSBC UK Bank panel is approved?
- Does my practice need to apply annually to be reinstated on the HSBC UK Bank conveyancing panel?
- Please can you set out the application process to be reinstated onto the HSBC UK Bank conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with HSBC UK Bank is refused?
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.