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
- Non-compliance with the Vida Homeloans panel requirements, the written instructions that Vida Homeloans provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Vida Homeloans may subsequently adopt.
- Breaches of Vida Homeloans conveyancing panel Terms and Conditions
- 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.
- Your practice fails to meet the criteria to remain on the Vida Homeloans conveyancing panel
How can we assist? Vida Homeloans panel reinstatement questions
- Is there a cost to revert back onto the Vida Homeloans conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Vida Homeloans is turned down?
- Is there a limit to the number of occasions my firm can apply to get back on the Vida Homeloans conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Vida Homeloans conveyancing panel?
- Please can you set out the application protocol 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 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.