Removal from the Adam & Company and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by Adam & Company
- 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.
- Failure to reapply to remain on the Adam & Company convincing panel
- Recurring 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.
- 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.
Top questions concerning Adam & Company panel reinstatement
- Can you outline the application procedures to revert back onto the Adam & Company conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Adam & Company conveyancing panel?
- Am I restricted as to the number of occasions my practice can submit applications to get back on the Adam & Company conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement was rejected?
- Do any avenues remain open if my firm’s reinstatement panel submission with Adam & Company is declined?
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.