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.
- 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.
- Failure to reapply to remain on the Adam & Company convincing panel
- Failure to act in accordance with the Adam & Company panel requirements, the written instructions that Adam & Company give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Adam & Company may subsequently subscribe.
- Breaches of Adam & Company conveyancing panel requirements
FAQs : Adam & Company Conveyancing panel reinstatement
- Am I restricted as to the number of occasions my law firm can apply to get back on the Adam & Company conveyancing panel?
- Can we appeal if our application for reinstatement is declined?
- Does my practice need to apply annually to be reinstated on the Adam & Company conveyancing panel?
- Is there a charge to be reinstated onto the Adam & Company conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Adam & Company is refused?
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.