Removal from the Adam & Company International and other lender panels: Why they do it and how to get reinstated
- Adam & Company International 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.
- Your law firm fails to meet the criteria to remain on the Adam & Company International conveyancing panel
- Failure to reapply to be on the Adam & Company International convincing panel
- Failure to act in accordance with the Adam & Company International panel terms, the written instructions that Adam & Company International give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Adam & Company International may subsequently subscribe.
- Recurring delays in registering a charge on behalf of Adam & Company International Delays or failure to register the Adam & Company International charge may result in referral to external lawyers of Adam & Company International to complete outstanding requirements.
Answers to Frequently asked questions concerning Adam & Company International panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Adam & Company International is declined?
- What times frames are involved when applying to be reinstated onto the Adam & Company International conveyancing panel?
- Am I restricted as to the number of occasions my practice can apply to get back on the Adam & Company International conveyancing panel?
- Does my practice need to apply annually to remain on the Adam & Company International conveyancing panel?
- What are the consequences if our Adam & Company International panel reinstatement application is refused and our client has a mortgage application with the Adam & Company International?
Top Tip: The best way to avoid the hassle of seeking Adam & Company International panel reinstatement is to ensure that your firm is not removed off of the Adam & Company International 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 International conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Adam & Company International 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 International conveyancing panel.