Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- 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.
- Your firm fails to meet the criteria to remain on the Intelligent Finance conveyancing panel
- Recurring non-compliance with post completion requirements on behalf of Intelligent Finance
- Failure to reapply to remain on the Intelligent Finance convincing panel
- 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.
Questions Intelligent Finance panel reinstatement firms ask us
- Does the COLP in my firm need to sign the reinstatement application to the Intelligent Finance panel ?
- Can we act for Intelligent Finance while the appeal for reinstatement on the Intelligent Finance panel is being reviewed? How do I know if our reinstatement appeal to the Intelligent Finance panel is accepted?
- Does my practice need to apply annually to remain on the Intelligent Finance conveyancing panel?
- Am I restricted as to the number of times my practice can apply to be reinstated on the Intelligent Finance conveyancing panel?
- How long does the application process take when applying to be reinstated onto 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.