Removal from the Intelligent Finance and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to be 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
- Significant non-compliance with post completion requirements on behalf of Intelligent Finance
Top questions concerning Intelligent Finance panel reinstatement
- Is there a limit to the amount of times my law firm can submit applications to be reinstated on the Intelligent Finance conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Intelligent Finance panel ?
- Is it possible to find out my firm’s application for reinstatement is refused?
- Can this firm act for Intelligent Finance while the application for reinstatement on the Intelligent Finance panel is being progressed? How do I discover if our reinstatement application to the Intelligent Finance panel is accepted?
- What times frames are involved when applying to revert back 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.