Removal from the Accord Buy to Let and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Accord Buy to Let panel terms, 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 subscribe.
- Failure to reapply to remain on the Accord Buy to Let convincing panel
- Accord Buy to Let may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Significant delays in post completion requirements set by Accord Buy to Let
- 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 panel reinstatement : questions that we get asked
- What are our options if our reinstatement panel submission with Accord Buy to Let is declined?
- Is there a fee to revert back onto the Accord Buy to Let conveyancing panel?
- Does my practice need to apply annually to remain on the Accord Buy to Let conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Accord Buy to Let panel ?
- Please can you set out the application process 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 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.