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

  • 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.
  • Failure to act in accordance with the LendInvest panel terms, 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 subscribe.
  • Persistent delays in registering a charge 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
  • Failure to reapply to remain on the LendInvest convincing panel

Frequently asked questions concerning LendInvest panel reinstatement

  • What happens if our LendInvest panel reinstatement application is declined and the client of the firm has a mortgage offer with the LendInvest?
  • Is there a cost to be reinstated onto the LendInvest conveyancing panel?
  • What is the application procedures to be reinstated onto the LendInvest conveyancing panel?
  • Can we appeal if our application for reinstatement was declined?
  • How often will this firm be required to re-apply to be reinstated on 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 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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