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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Failure to act in accordance with the Investec panel terms, 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 adopt.
  • Breaches of Investec conveyancing panel requirements
  • Persistent non-compliance with post completion requirements on behalf of Investec
  • Persistent delays in registering a charge 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.

Investec panel reinstatement : questions that we get asked

  • What times frames are involved when applying to revert back onto the Investec conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Investec panel ?
  • What are the next steps open to me if our Investec panel reinstatement application is rejected and the client of the firm has a mortgage application with the Investec?
  • Is it possible to find out our application for reinstatement is turned down?
  • Can this firm act for Investec while the application for reinstatement on the Investec panel is being reviewed? How do I find out 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 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 Investec conveyancing panel.

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