Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security on behalf of Adam & Company Delays or failure to register the Adam & Company charge may result in referral to external lawyers of Adam & Company to complete outstanding requirements.
- Adam & Company 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.
- Persistent non-compliance with post completion requirements on behalf of Adam & Company
- Your law firm no longer meets the criteria to remain on the Adam & Company conveyancing panel
- Breaches of Adam & Company conveyancing panel Terms and Conditions
Common questions about Adam & Company conveyancing panel reinstatement
- Is it possible to find out my firm’s application for reinstatement was refused?
- Does the COLP in my firm need to complete the reinstatement application to the Adam & Company panel ?
- Is there a limit to the number of occasions my firm can apply to be reinstated on the Adam & Company conveyancing panel?
- What are the next steps open to me if our Adam & Company panel reinstatement application is declined and our client has a mortgage application with the Adam & Company?
- How long does the application process take when applying to be reinstated onto the Adam & Company conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Adam & Company panel reinstatement is to ensure that your firm is not removed off of the Adam & Company 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 Adam & Company conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Adam & Company 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 Adam & Company conveyancing panel.