Removal from the Vida Homeloans and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Vida Homeloans convincing panel
- Non-compliance with the Vida Homeloans panel requirements, 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.
- Your firm no longer meets the criteria to remain on the Vida Homeloans conveyancing panel
- Breaches of Vida Homeloans conveyancing panel requirements
Vida Homeloans Conveyancing Panel Reinstatement: Common Questions
- Can this firm act for Vida Homeloans while the appeal for reinstatement on the Vida Homeloans panel is being reviewed? How do I know if our reinstatement appeal to the Vida Homeloans panel is approved?
- Is the door firmly shut if our reinstatement panel submission with Vida Homeloans is turned down?
- Does the COLP in my firm need to complete the reinstatement application to the Vida Homeloans panel ?
- Can you outline the application process to revert back onto the Vida Homeloans conveyancing panel?
- How long does the application process take when applying to revert back 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 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.