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

  • Failure to reapply to remain on the Intelligent Finance convincing panel
  • 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 requirements
  • Your law firm fails to meet the criteria to remain on the Intelligent Finance conveyancing panel
  • Recurring 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.

How can we assist? Intelligent Finance panel reinstatement questions

  • Is there a limit to the amount of occasions my firm can submit applications to be reinstated on the Intelligent Finance conveyancing panel?
  • What are the next steps open to me if our Intelligent Finance panel reinstatement application is refused and the client of the firm has a mortgage application with the Intelligent Finance?
  • Is there a cost to revert back onto the Intelligent Finance conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Intelligent Finance conveyancing panel?
  • How do I discover why this practice’s application for reinstatement was declined?

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.

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