Removal from the Adam & Company International and other lender panels: Why they do it and how to get reinstated
- 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.
- Significant delays in post completion requirements on behalf of Adam & Company International
- Breaches of Adam & Company International conveyancing panel Terms and Conditions
- Missing deadline to reapply to be on the Adam & Company International convincing panel
Adam & Company International panel reinstatement: Five Common Questions
- What will happen if our Adam & Company International panel reinstatement application is declined and the client of the firm has a mortgage offer with the Adam & Company International?
- What times frames are involved when applying to revert back onto the Adam & Company International conveyancing panel?
- Does my practice need to apply annually to remain on the Adam & Company International conveyancing panel?
- Can we appeal if this practice’s application for reinstatement is refused?
- Am I restricted as to the amount of times my law firm can submit applications to get back on the Adam & Company International conveyancing panel?
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.