Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Intelligent Finance panel requirements, the written instructions that Intelligent Finance provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Intelligent Finance may subsequently adopt.
- Significant delays in registering security on behalf of Intelligent Finance Delays or failure to register the Intelligent Finance charge may result in referral to external lawyers of Intelligent Finance to complete outstanding requirements.
- Your practice no longer meets the criteria to remain on the Intelligent Finance conveyancing panel
- Recurring delays in post completion requirements on behalf of Intelligent Finance
- Intelligent Finance 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.
FAQs : Intelligent Finance Conveyancing panel reinstatement
- What are the consequences if our Intelligent Finance panel reinstatement application is turned down and the client of the firm has a mortgage application with the Intelligent Finance?
- Is there a charge to revert back onto the Intelligent Finance conveyancing panel?
- Is there a limit to the amount of occasions my firm can submit applications to be reinstated on the Intelligent Finance conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Intelligent Finance panel ?
- How long does the application process take when applying to revert back onto the Intelligent Finance conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Intelligent Finance panel reinstatement is to ensure that your firm is not removed off of the Intelligent Finance 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 Intelligent Finance conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Intelligent Finance 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 Intelligent Finance conveyancing panel.