Removal from the Vida Homeloans and other lender panels: Why they do it and how to get reinstated
- 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
- Your practice fails to meet the criteria to remain on the Vida Homeloans conveyancing panel
- Recurring delays in post completion requirements set by Vida Homeloans
- Recurring delays in registering security on behalf of Vida Homeloans Delays or failure to register the Vida Homeloans charge may result in referral to external lawyers of Vida Homeloans to complete outstanding requirements.
How can we assist? Vida Homeloans panel reinstatement questions
- To what extent is my firm permanently excluded if our reinstatement panel application with Vida Homeloans is refused?
- Is there a cost to be reinstated onto the Vida Homeloans conveyancing panel?
- Can we act for Vida Homeloans while the application for reinstatement on the Vida Homeloans panel is being assessed? How do I find out if our reinstatement application to the Vida Homeloans panel is approved?
- What are the next steps open to me if our Vida Homeloans panel reinstatement application is turned down and our client has a mortgage application with the Vida Homeloans?
- Is there a limit to the amount of occasions my law firm can apply to be reinstated on 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 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.