Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated

  • Intelligent Finance may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Breaches of Intelligent Finance conveyancing panel Terms and Conditions
  • Your practice fails to meet the criteria to remain on the Intelligent Finance conveyancing panel
  • Persistent delays in post completion requirements set by Intelligent Finance
  • Non-compliance with the Intelligent Finance panel terms, 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.

Intelligent Finance panel reinstatement: Five Common Questions

  • Who should sign the reinstatement application to the Intelligent Finance panel ?
  • How often will this firm be required to re-apply to be reinstated on the Intelligent Finance conveyancing panel?
  • Can we act for Intelligent Finance while the application for reinstatement on the Intelligent Finance panel is being assessed? How do I discover if our reinstatement application to the Intelligent Finance panel is approved?
  • What is the application procedures 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 rejected and our client has a mortgage application with the Intelligent Finance?

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.

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