Removal from the Accord Buy to Let and other lender panels: Why they do it and how to get reinstated

  • 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.
  • Your law firm fails to meet the criteria to remain on the Accord Buy to Let conveyancing panel
  • Significant delays in post completion requirements on behalf of Accord Buy to Let
  • Breaches of Accord Buy to Let conveyancing panel Terms and Conditions
  • Non-compliance with the Accord Buy to Let panel terms, the written instructions that Accord Buy to Let give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Accord Buy to Let may subsequently subscribe.

Top questions concerning Accord Buy to Let panel reinstatement

  • Can this firm act for Accord Buy to Let while the application for reinstatement on the Accord Buy to Let panel is being assessed? How do I find out if our reinstatement application to the Accord Buy to Let panel is approved?
  • What will happen if our Accord Buy to Let panel reinstatement application is turned down and our client has a mortgage offer with the Accord Buy to Let?
  • Does my practice need to apply annually to remain on the Accord Buy to Let conveyancing panel?
  • Is the door firmly shut if my firm’s reinstatement panel submission with Accord Buy to Let is declined?
  • How long does the application process take when applying to be reinstated onto the Accord Buy to Let conveyancing panel?

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 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 Accord Buy to Let conveyancing panel.

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