Removal from the Aviva Equity Release and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge 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.
- Persistent delays in post completion requirements set by Aviva Equity Release
- Failure to reapply to remain on the Aviva Equity Release convincing panel
- Non-compliance with the Aviva Equity Release panel terms, the written instructions that Aviva Equity Release provide 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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
Answers to Frequently asked questions concerning Aviva Equity Release panel reinstatement
- What times frames are involved when applying to be reinstated onto the Aviva Equity Release conveyancing panel?
- Can you outline the application process to be reinstated onto the Aviva Equity Release conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Aviva Equity Release is declined?
- Can we act for Aviva Equity Release while the appeal for reinstatement on the Aviva Equity Release panel is being progressed? How do I discover if our reinstatement appeal to the Aviva Equity Release panel is accepted?
- Does my practice need to apply annually to be reinstated on the Aviva Equity Release conveyancing 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.