Removal from the Vida Homeloans and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Vida Homeloans conveyancing panel
- 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 Terms and Conditions
- Missing deadline to reapply to remain on the Vida Homeloans convincing panel
- Recurring non-compliance with post completion requirements on behalf of Vida Homeloans
Answers to Frequently asked questions concerning Vida Homeloans panel reinstatement
- How often will this firm be required to re-apply to remain on the Vida Homeloans conveyancing panel?
- Who should sign the reinstatement application to the Vida Homeloans panel ?
- What will happen if our Vida Homeloans panel reinstatement application is declined and the client of the firm has a mortgage application with the Vida Homeloans?
- How do I discover why our application for reinstatement is refused?
- Can we act for Vida Homeloans while the application for reinstatement on the Vida Homeloans panel is being reviewed? How do I discover if our reinstatement appeal to the Vida Homeloans panel is accepted?
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 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 Vida Homeloans conveyancing panel.