Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- 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 subscribe.
- Your firm no longer meets the criteria to remain on the Investec conveyancing panel
- Missing deadline to reapply to be on the Investec convincing panel
- Recurring 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.
- Breaches of Investec conveyancing panel requirements
Investec Conveyancing Panel Reinstatement: Common Questions
- What will happen if our Investec panel reinstatement application is declined and the client of the firm has a mortgage offer with the Investec?
- Can you outline the application process to be reinstated onto the Investec conveyancing panel?
- Is there a charge to be reinstated onto the Investec conveyancing panel?
- How often will this firm be required to re-apply to remain on the Investec conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with Investec is turned down?
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.