Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- 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 practice fails to meet the criteria to remain on the Adam & Company conveyancing panel
- Missing deadline to reapply to be on the Adam & Company convincing panel
- Persistent delays in registering a charge 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.
Questions Adam & Company panel reinstatement firms ask us
- What happens if our Adam & Company panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Adam & Company?
- Are you able to explain why my firm’s application for reinstatement was rejected?
- Can this firm act for Adam & Company while the application for reinstatement on the Adam & Company panel is being progressed? How do I know if our reinstatement application to the Adam & Company panel is accepted?
- Is there a cost to revert back onto the Adam & Company conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on 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 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 Adam & Company conveyancing panel.