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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Investec may subsequently subscribe.
- 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.
- Your practice fails to meet the criteria to remain on the Investec conveyancing panel
- Persistent non-compliance with post completion requirements set by Investec
- Breaches of Investec conveyancing panel requirements
Common queries about Investec conveyancing panel reinstatement
- How long does the application process take when applying to revert back onto the Investec conveyancing panel?
- Am I restricted as to the number of times my firm can submit applications to get back on the Investec conveyancing panel?
- Is there a fee 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 our reinstatement panel application with Investec is declined?
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.