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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- 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.
- Failure to act in accordance with the Adam & Company International panel requirements, the written instructions that Adam & Company International provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Adam & Company International may subsequently adopt.
- Recurring non-compliance with post completion requirements on behalf of Adam & Company International
- Missing deadline to reapply to remain on the Adam & Company International convincing panel
Adam & Company International panel reinstatement : questions that we get asked
- Can we act for Adam & Company International while the application for reinstatement on the Adam & Company International panel is being assessed? How do I know if our reinstatement appeal to the Adam & Company International panel is approved?
- What times frames are involved when applying to be reinstated onto the Adam & Company International conveyancing panel?
- Who should complete the reinstatement application to the Adam & Company International panel ?
- How often will this firm be required to re-apply to remain on the Adam & Company International conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel application with Adam & Company International is rejected?
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 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 International conveyancing panel.