Removal from the Accord Buy to Let and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Accord Buy to Let Delays or failure to register the Accord Buy to Let charge may result in referral to external lawyers of Accord Buy to Let to complete outstanding requirements.
- Non-compliance with the Accord Buy to Let panel requirements, the written instructions that Accord Buy to Let provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Accord Buy to Let may subsequently adopt.
- Your practice no longer meets the criteria to remain on the Accord Buy to Let conveyancing panel
- Recurring non-compliance with post completion requirements set by Accord Buy to Let
- Accord Buy to Let 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.
Answers to Frequently asked questions concerning Accord Buy to Let panel reinstatement
- Is there a charge to revert back onto the Accord Buy to Let conveyancing panel?
- How often will this firm be required to re-apply to remain on the Accord Buy to Let conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Accord Buy to Let panel ?
- What times frames are involved when applying to revert back onto the Accord Buy to Let conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is rejected?
Top Tip: The best way to avoid the hassle of seeking Accord Buy to Let panel reinstatement is to ensure that your firm is not removed off of the Accord Buy to Let 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 Accord Buy to Let conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Accord Buy to Let 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 Accord Buy to Let conveyancing panel.