Removal from the Accord Buy to Let and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of Accord Buy to Let
- Persistent 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.
- Breaches of Accord Buy to Let conveyancing panel requirements
- Failure to act in accordance 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.
- 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.
Top questions concerning Accord Buy to Let panel reinstatement
- What are our options if my firm’s reinstatement panel submission with Accord Buy to Let is rejected?
- Can this firm act for Accord Buy to Let while the appeal for reinstatement on the Accord Buy to Let panel is being assessed? How do I discover if our reinstatement application to the Accord Buy to Let panel is approved?
- How do I discover why our application for reinstatement is turned down?
- How often will this firm be required to re-apply to remain on the Accord Buy to Let conveyancing panel?
- Is there a cost 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.