Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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 adopt.
- Missing deadline to reapply to be on the Adam & Company convincing panel
- 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.
- Persistent non-compliance with post completion requirements set by Adam & Company
- Breaches of Adam & Company conveyancing panel requirements
Adam & Company Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to be reinstated onto the Adam & Company conveyancing panel?
- How often will this firm be required to re-apply to remain on the Adam & Company conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with Adam & Company is turned down?
- Who should sign the reinstatement application to the Adam & Company panel ?
- How do I discover why our application for reinstatement is rejected?
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.