Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements on behalf of Intelligent Finance
- Breaches of Intelligent Finance conveyancing panel requirements
- Failure to reapply to be on the Intelligent Finance convincing panel
- 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.
- Failure to act in accordance with the Intelligent Finance panel requirements, the written instructions that Intelligent Finance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Intelligent Finance may subsequently subscribe.
Answers to Frequently asked questions concerning Intelligent Finance panel reinstatement
- Please can you set out the application process to revert back onto the Intelligent Finance conveyancing panel?
- Am I restricted as to the number of occasions my firm can apply to get back on the Intelligent Finance conveyancing panel?
- Is there a fee to be reinstated onto the Intelligent Finance conveyancing panel?
- What are the next steps open to me if our Intelligent Finance panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Intelligent Finance?
- Does my practice need to apply annually to be reinstated on 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.