Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Investec convincing panel
- Recurring non-compliance with post completion requirements on behalf of Investec
- Your practice no longer meets the criteria to remain on the Investec conveyancing panel
- 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.
Investec panel reinstatement : You have questions, we have answers
- Is it possible to find out my firm’s application for reinstatement was refused?
- How often will this firm be required to re-apply to remain on the Investec conveyancing panel?
- What are our options if our reinstatement panel submission with Investec is refused?
- What are the next steps open to me if our Investec panel reinstatement application is declined and the client of the firm has a mortgage application with the Investec?
- Am I restricted as to the amount of times my practice can submit applications to get back on 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 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.