Removal from the Vida Homeloans and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Vida Homeloans convincing panel
- Vida Homeloans may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Persistent non-compliance with post completion requirements set by Vida Homeloans
- Significant delays in registering a charge 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.
- Your practice fails to meet the criteria to remain on the Vida Homeloans conveyancing panel
How can we assist? Vida Homeloans panel reinstatement questions
- Can we act for Vida Homeloans while the application for reinstatement on the Vida Homeloans panel is being reviewed? How do I know if our reinstatement application to the Vida Homeloans panel is approved?
- What will happen if our Vida Homeloans panel reinstatement application is turned down and our client has a mortgage offer with the Vida Homeloans?
- Can you outline the application process to revert back onto the Vida Homeloans conveyancing panel?
- Who should sign the reinstatement application to the Vida Homeloans panel ?
- How often will this firm be required to re-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 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.