Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Investec conveyancing panel
- Significant 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.
- 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.
- Significant delays in post completion requirements set by Investec
- 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.
Investec panel reinstatement : You have questions, we have answers
- Is there a cost to be reinstated onto the Investec conveyancing panel?
- Who should sign the reinstatement application to the Investec panel ?
- Do any avenues remain open if my firm’s reinstatement panel submission with Investec is rejected?
- Can you outline the application procedures to revert back onto the Investec conveyancing panel?
- How long does the application process take when applying to revert back onto the Investec conveyancing panel?
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.