Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Significant non-compliance with post completion requirements on behalf of Adam & Company
- Breaches of Adam & Company conveyancing panel Terms and Conditions
- Adam & Company 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.
- Failure to act in accordance with the Adam & Company panel terms, the written instructions that Adam & Company provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Adam & Company may subsequently subscribe.
- Your firm no longer meets the criteria to remain on the Adam & Company conveyancing panel
Adam & Company Conveyancing Panel Reinstatement: Common Questions
- What are the next steps open to me if our Adam & Company panel reinstatement application is refused and our client has a mortgage application with the Adam & Company?
- Is the door firmly shut if my firm’s reinstatement panel submission with Adam & Company is declined?
- Is there a limit to the amount of occasions my practice can apply to get back on the Adam & Company conveyancing panel?
- Is there a cost to be reinstated onto the Adam & Company conveyancing panel?
- Can this firm act for Adam & Company while the application for reinstatement on the Adam & Company panel is being assessed? How do I discover if our reinstatement application to the Adam & Company panel is accepted?
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.