Removal from the Accord Buy to Let and other lender panels: Why they do it and how to get reinstated
- 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 adopt.
- Recurring delays in post completion requirements on behalf of Accord Buy to Let
- Your practice fails to meet the criteria to remain on the Accord Buy to Let conveyancing panel
- Significant delays in registering security 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.
- 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.
Accord Buy to Let panel reinstatement : You have questions, we have answers
- Can this firm act for Accord Buy to Let while the appeal for reinstatement on the Accord Buy to Let panel is being reviewed? How do I discover if our reinstatement appeal to the Accord Buy to Let panel is approved?
- What are the consequences if our Accord Buy to Let panel reinstatement application is turned down and the client of the firm has a mortgage application with the Accord Buy to Let?
- Please can you set out the application protocol to revert back onto the Accord Buy to Let conveyancing panel?
- Is there a limit to the number of occasions my firm can submit applications to be reinstated on the Accord Buy to Let conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on 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.