Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Adam & Company conveyancing panel
- Failure to act in accordance with the Adam & Company panel requirements, 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.
- 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.
- 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.
- Significant delays in post completion requirements on behalf of Adam & Company
Adam & Company Conveyancing Panel Reinstatement: Common Questions
- Am I restricted as to the number of times my practice can apply to be reinstated on the Adam & Company conveyancing panel?
- Who should sign the reinstatement application to the Adam & Company panel ?
- Does my practice need to apply annually to remain on the Adam & Company conveyancing panel?
- Please can you set out the application process to be reinstated onto the Adam & Company conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement is turned down?
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.