Removal from the LendInvest and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the LendInvest conveyancing panel
- 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.
- Recurring non-compliance with post completion requirements set by LendInvest
- Failure to reapply to be on the LendInvest convincing panel
- Breaches of LendInvest conveyancing panel requirements
Answers to Frequently asked questions concerning LendInvest panel reinstatement
- Is the door firmly shut if our reinstatement panel application with LendInvest is refused?
- Is there a fee to be reinstated onto the LendInvest conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is rejected?
- Is there a limit to the amount of times my practice can apply to be reinstated on the LendInvest conveyancing panel?
- What times frames are involved when applying 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.