Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- Investec 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.
- Missing deadline to reapply to remain on the Investec convincing panel
- Non-compliance with the Investec panel requirements, the written instructions that Investec give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Investec may subsequently subscribe.
- Significant delays in registering security on behalf of Investec Delays or failure to register the Investec charge may result in referral to external lawyers of Investec to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the Investec conveyancing panel
Investec panel reinstatement : questions that we get asked
- Is it the practice manager who is required to sign the reinstatement application to the Investec panel ?
- Can we appeal if our application for reinstatement is refused?
- What times frames are involved when applying to revert back onto the Investec conveyancing panel?
- Is there a limit to the number of times my firm can submit applications to be reinstated on the Investec conveyancing panel?
- Can this firm act for Investec while the appeal for reinstatement on the Investec panel is being progressed? How do I discover if our reinstatement appeal to the Investec panel is approved?
Top Tip: The best way to avoid the hassle of seeking Investec panel reinstatement is to ensure that your firm is not removed off of the Investec 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 Investec conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Investec 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 Investec conveyancing panel.