Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- 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 adopt.
- Breaches of Adam & Company conveyancing panel Terms and Conditions
- 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.
- Your practice fails to meet the criteria to remain on the Adam & Company conveyancing panel
- Recurring 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.
Common queries about Adam & Company conveyancing panel reinstatement
- Please can you set out the application process to revert back onto the Adam & Company conveyancing panel?
- What are our options if my firm’s reinstatement panel application with Adam & Company is declined?
- What will happen if our Adam & Company panel reinstatement application is refused and our client has a mortgage offer with the Adam & Company?
- Can we appeal if our application for reinstatement was refused?
- Can we act for Adam & Company while the application for reinstatement on the Adam & Company panel is being reviewed? How do I discover if our reinstatement appeal to the Adam & Company panel is approved?
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.