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 subscribe.
- Breaches of Intelligent Finance conveyancing panel requirements
- Failure to reapply to remain on the Intelligent Finance convincing panel
- Persistent delays in registering a charge 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.
- Significant delays in post completion requirements set by Intelligent Finance
Frequently asked questions concerning Intelligent Finance panel reinstatement
- What will happen if our Intelligent Finance panel reinstatement application is refused and our client has a mortgage offer with the Intelligent Finance?
- Can this firm act for Intelligent Finance while the application for reinstatement on the Intelligent Finance panel is being progressed? How do I know if our reinstatement application to the Intelligent Finance panel is accepted?
- Can we appeal if this practice’s application for reinstatement is rejected?
- How often will this firm be required to re-apply to be reinstated on the Intelligent Finance conveyancing panel?
- What times frames are involved when applying to be reinstated 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 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 Intelligent Finance conveyancing panel.