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 provides false answers in its application form or in relation to any future requests for information.
- 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.
- Significant non-compliance with post completion requirements on behalf of Intelligent Finance
- Failure to reapply to be on the Intelligent Finance convincing panel
- Your firm no longer meets the criteria to remain on the Intelligent Finance conveyancing panel
Common queries about Intelligent Finance conveyancing panel reinstatement
- What are the consequences if our Intelligent Finance panel reinstatement application is refused and our client has a mortgage application with the Intelligent Finance?
- Please can you set out the application process to be reinstated onto the Intelligent Finance conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel application with Intelligent Finance is refused?
- How long does the application process take when applying to be reinstated onto the Intelligent Finance conveyancing panel?
- Is it the practice manager who is required to complete 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.