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 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 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.
- Recurring non-compliance with post completion requirements on behalf of Accord Buy to Let
- Missing deadline to reapply to be on the Accord Buy to Let convincing panel
Questions Accord Buy to Let panel reinstatement firms ask us
- Please can you set out the application procedures to revert back onto the Accord Buy to Let conveyancing panel?
- Can we act for Accord Buy to Let while the appeal for reinstatement on the Accord Buy to Let panel is being progressed? How do I find out if our reinstatement appeal to the Accord Buy to Let panel is accepted?
- How long does the application process take when applying to revert back onto the Accord Buy to Let conveyancing panel?
- What will happen if our Accord Buy to Let panel reinstatement application is declined and the client of the firm has a mortgage application with the Accord Buy to Let?
- Is there a charge to revert back 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.