Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Intelligent Finance conveyancing panel
- Breaches of Intelligent Finance conveyancing panel Terms and Conditions
- 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.
- Recurring delays in post completion requirements on behalf of Intelligent Finance
- Recurring 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.
Answers to Frequently asked questions concerning Intelligent Finance panel reinstatement
- Is there a fee to be reinstated onto the Intelligent Finance conveyancing panel?
- Please can you set out the application process to be reinstated onto the Intelligent Finance conveyancing panel?
- Can this firm act for Intelligent Finance while the appeal for reinstatement on the Intelligent Finance panel is being reviewed? How do I know if our reinstatement application to the Intelligent Finance panel is accepted?
- What are the next steps open to me if our Intelligent Finance panel reinstatement application is rejected and the client of the firm has a mortgage application with the Intelligent Finance?
- Who should sign the reinstatement application to the Intelligent Finance 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.