Removal from the Aviva Equity Release and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Aviva Equity Release conveyancing panel
- Failure to act in accordance with the Aviva Equity Release panel requirements, the written instructions that Aviva Equity Release give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Aviva Equity Release may subsequently subscribe.
- Aviva Equity Release 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.
- Significant non-compliance with post completion requirements on behalf of Aviva Equity Release
- Recurring delays in registering security on behalf of Aviva Equity Release Delays or failure to register the Aviva Equity Release charge may result in referral to external lawyers of Aviva Equity Release to complete outstanding requirements.
Answers to Frequently asked questions concerning Aviva Equity Release panel reinstatement
- What will happen if our Aviva Equity Release panel reinstatement application is turned down and the client of the firm has a mortgage application with the Aviva Equity Release?
- Please can you set out the application procedures to be reinstated onto the Aviva Equity Release conveyancing panel?
- Am I restricted as to the number of occasions my firm can apply to get back on the Aviva Equity Release conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is rejected?
- Is it the practice manager who is required to sign the reinstatement application to the Aviva Equity Release panel ?
Top Tip: The best way to avoid the hassle of seeking Aviva Equity Release panel reinstatement is to ensure that your firm is not removed off of the Aviva Equity Release 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 Aviva Equity Release conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Aviva Equity Release 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 Aviva Equity Release conveyancing panel.