Removal from the LendInvest and other lender panels: Why they do it and how to get reinstated

  • Persistent delays in registering security on behalf of LendInvest Delays or failure to register the LendInvest charge may result in referral to external lawyers of LendInvest to complete outstanding requirements.
  • Recurring delays in post completion requirements set by LendInvest
  • LendInvest 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.
  • Failure to act in accordance with the LendInvest panel requirements, the written instructions that LendInvest give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which LendInvest may subsequently adopt.
  • Your law firm fails to meet the criteria to remain on the LendInvest conveyancing panel

Top questions concerning LendInvest panel reinstatement

  • Am I restricted as to the amount of times my law firm can apply to be reinstated on the LendInvest conveyancing panel?
  • Is there a charge to revert back onto the LendInvest conveyancing panel?
  • Can this firm act for LendInvest while the application for reinstatement on the LendInvest panel is being reviewed? How do I discover if our reinstatement appeal to the LendInvest panel is approved?
  • What are the consequences if our LendInvest panel reinstatement application is refused and the client of the firm has a mortgage application with the LendInvest?
  • Is the door firmly shut if my firm’s reinstatement panel application with LendInvest is declined?

Top Tip: The best way to avoid the hassle of seeking LendInvest panel reinstatement is to ensure that your firm is not removed off of the LendInvest 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 LendInvest conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to LendInvest 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 LendInvest conveyancing panel.

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