Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Intelligent Finance convincing panel
- Your firm fails to meet the criteria to remain on the Intelligent Finance conveyancing panel
- Breaches of Intelligent Finance conveyancing panel Terms and Conditions
- Failure to act in accordance 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 adopt.
- 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
- How long does the application process take when applying to be reinstated onto the Intelligent Finance conveyancing panel?
- Can we act for Intelligent Finance while the application for reinstatement on the Intelligent Finance panel is being reviewed? How do I discover if our reinstatement application to the Intelligent Finance panel is approved?
- Does the COLP in my firm need to complete the reinstatement application to the Intelligent Finance panel ?
- Is there a fee to revert back onto the Intelligent Finance conveyancing panel?
- Am I restricted as to the amount of occasions my firm can apply 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 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.