Has your law firm been removed off of the LendInvest property lawyer panel?

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

  1. Breaches of LendInvest conveyancing panel Terms and Conditions
  2. Missing deadline to reapply to remain on the LendInvest convincing panel
  3. Your firm no longer meets the criteria to remain on the LendInvest conveyancing panel
  4. 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.
  5. Recurring 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.

LendInvest Conveyancing Panel Reinstatement: Common Questions

  1. Who should sign the reinstatement application to the LendInvest panel ?
  2. Can this firm act for LendInvest while the appeal for reinstatement on the LendInvest panel is being processed? How do I know if our reinstatement appeal to the LendInvest panel is approved?
  3. Do any avenues remain open if my firm’s reinstatement panel submission with LendInvest is refused?
  4. What are the consequences if our LendInvest panel reinstatement application is rejected and the client of the firm has a mortgage application with the LendInvest?
  5. Can you outline the application procedures to be reinstated onto the LendInvest conveyancing panel?

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 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 LendInvest conveyancing panel.