Removal from the Aviva Equity Release and other lender panels: Why they do it and how to get reinstated
- 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 adopt.
- Failure to reapply to remain on the Aviva Equity Release convincing panel
- Persistent non-compliance with post completion requirements set by Aviva Equity Release
- Your law firm no longer meets the criteria to remain on the Aviva Equity Release conveyancing panel
- 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.
Answers to Frequently asked questions concerning Aviva Equity Release panel reinstatement
- Are you able to explain why this practice’s application for reinstatement was refused?
- What are the consequences if our Aviva Equity Release panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Aviva Equity Release?
- How long does the application process take when applying to revert back onto the Aviva Equity Release conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Aviva Equity Release is refused?
- Is there a cost to be reinstated onto 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.