Removal from the Kent Reliance and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security on behalf of Kent Reliance Delays or failure to register the Kent Reliance charge may result in referral to external lawyers of Kent Reliance to complete outstanding requirements.
- Failure to reapply to be on the Kent Reliance convincing panel
- Persistent non-compliance with post completion requirements set by Kent Reliance
- Kent Reliance 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.
- Failure to act in accordance with the Kent Reliance panel requirements, the written instructions that Kent Reliance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Kent Reliance may subsequently adopt.
Frequently asked questions concerning Kent Reliance panel reinstatement
- To what extent is my firm permanently excluded if our reinstatement panel submission with Kent Reliance is rejected?
- Please can you set out the application protocol to revert back onto the Kent Reliance conveyancing panel?
- Can we appeal if our application for reinstatement is rejected?
- What are the next steps open to me if our Kent Reliance panel reinstatement application is declined and our client has a mortgage offer with the Kent Reliance?
- Can this firm act for Kent Reliance while the appeal for reinstatement on the Kent Reliance panel is being assessed? How do I know if our reinstatement application to the Kent Reliance panel is accepted?
Top Tip: The best way to avoid the hassle of seeking Kent Reliance panel reinstatement is to ensure that your firm is not removed off of the Kent Reliance 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 Kent Reliance conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Kent Reliance 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 Kent Reliance conveyancing panel.