Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Investec conveyancing panel
- Persistent 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.
- 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.
- Breaches of Investec conveyancing panel requirements
- 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.
Frequently asked questions concerning Investec panel reinstatement
- What are our options if our reinstatement panel submission with Investec is declined?
- Is it the practice manager who is required to sign the reinstatement application to the Investec panel ?
- Am I restricted as to the amount of times my practice can apply to be reinstated on the Investec conveyancing panel?
- Does my practice need to apply annually to remain on the Investec conveyancing panel?
- Can we act for Investec while the appeal for reinstatement on the Investec panel is being processed? How do I know if our reinstatement application 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.