Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Intelligent Finance conveyancing 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.
- 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.
- Persistent delays in post completion requirements set by Intelligent Finance
- Breaches of Intelligent Finance conveyancing panel Terms and Conditions
Intelligent Finance Conveyancing Panel Reinstatement: Common Questions
- How do I discover why my firm’s application for reinstatement was declined?
- What will happen if our Intelligent Finance panel reinstatement application is declined and our client has a mortgage offer with the Intelligent Finance?
- Am I restricted as to the amount of times my law firm can apply to be reinstated on the Intelligent Finance conveyancing panel?
- How long does the application process take when applying to revert back onto the Intelligent Finance conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel submission with Intelligent Finance is turned down?
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.