Removal from the Investec and other lender panels: Why they do it and how to get reinstated
- Breaches of Investec conveyancing panel requirements
- Missing deadline to reapply to remain on the Investec convincing panel
- Failure to act in accordance with the Investec panel requirements, the written instructions that Investec provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Investec may subsequently adopt.
- Investec may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Significant delays in post completion requirements on behalf of Investec
Investec panel reinstatement: Five Common Questions
- Can we act for Investec while the appeal for reinstatement on the Investec panel is being assessed? How do I discover if our reinstatement application to the Investec panel is approved?
- Can you outline the application procedures to be reinstated onto the Investec conveyancing panel?
- What are the consequences if our Investec panel reinstatement application is refused and the client of the firm has a mortgage application with the Investec?
- Does the COLP in my firm need to sign the reinstatement application to the Investec panel ?
- Does my practice need to apply annually to remain 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 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.