Removal from the LendInvest and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements set by LendInvest
- Your practice fails to meet the criteria to remain on the LendInvest conveyancing panel
- 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.
- Breaches of LendInvest conveyancing panel Terms and Conditions
- Missing deadline to reapply to remain on the LendInvest convincing panel
LendInvest panel reinstatement: Five Common Questions
- How often will this firm be required to re-apply to be reinstated on the LendInvest conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the LendInvest panel ?
- Can we 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 is the application procedures to revert back onto the LendInvest conveyancing panel?
- How do I discover why my firm’s application for reinstatement was 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 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.