Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Failure 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.
- Non-compliance with the Adam & Company panel terms, 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.
- Recurring non-compliance with post completion requirements on behalf of Adam & Company
- Breaches of Adam & Company conveyancing panel requirements
Frequently asked questions concerning Adam & Company panel reinstatement
- Are you able to explain why our application for reinstatement was refused?
- What will happen if our Adam & Company panel reinstatement application is declined and our client has a mortgage offer with the Adam & Company?
- Is there a fee to be reinstated onto the Adam & Company conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Adam & Company is refused?
- What is the application procedures to be reinstated onto 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 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.