Removal from the Vida Homeloans and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Vida Homeloans
- Failure to act in accordance with the Vida Homeloans panel terms, the written instructions that Vida Homeloans give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Vida Homeloans may subsequently subscribe.
- Vida Homeloans 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 Vida Homeloans conveyancing panel requirements
- Missing deadline to reapply to remain on the Vida Homeloans convincing panel
Common queries about Vida Homeloans conveyancing panel reinstatement
- Is the door firmly shut if our reinstatement panel submission with Vida Homeloans is declined?
- Does the COLP in my firm need to sign the reinstatement application to the Vida Homeloans panel ?
- Are you able to explain why this practice’s application for reinstatement was refused?
- What times frames are involved when applying to be reinstated onto the Vida Homeloans conveyancing panel?
- What is the application protocol to be reinstated onto the Vida Homeloans conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Vida Homeloans panel reinstatement is to ensure that your firm is not removed off of the Vida Homeloans 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 Vida Homeloans conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Vida Homeloans 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 Vida Homeloans conveyancing panel.