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.
  • Breaches of LendInvest conveyancing panel requirements
  • Recurring delays in post completion requirements on behalf of LendInvest
  • Your law firm no longer meets the criteria to remain on the LendInvest conveyancing panel
  • LendInvest 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.

Answers to Frequently asked questions concerning LendInvest panel reinstatement

  • How do I discover why my firm’s application for reinstatement is turned down?
  • Can this firm act for LendInvest while the application for reinstatement on the LendInvest panel is being assessed? How do I find out if our reinstatement appeal to the LendInvest panel is approved?
  • Please can you set out the application procedures to be reinstated onto the LendInvest conveyancing panel?
  • Who should complete the reinstatement application to the LendInvest panel ?
  • What will happen if our LendInvest panel reinstatement application is turned down and the client of the firm has a mortgage application with the LendInvest?

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.

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