Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Topaz Finance
- Topaz Finance 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.
- Persistent delays in registering a charge on behalf of Topaz Finance Delays or failure to register the Topaz Finance charge may result in referral to external lawyers of Topaz Finance to complete outstanding requirements.
- Breaches of Topaz Finance conveyancing panel Terms and Conditions
- Failure to act in accordance with the Topaz Finance panel requirements, the written instructions that Topaz Finance provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Topaz Finance may subsequently subscribe.
Frequently asked questions concerning Topaz Finance panel reinstatement
- How long does the application process take when applying to be reinstated onto the Topaz Finance conveyancing panel?
- Can we act for Topaz Finance while the appeal for reinstatement on the Topaz Finance panel is being processed? How do I find out if our reinstatement appeal to the Topaz Finance panel is accepted?
- Is the door firmly shut if our reinstatement panel submission with Topaz Finance is turned down?
- Are you able to explain why this practice’s application for reinstatement was turned down?
- Is there a limit to the number of occasions my firm can submit applications to be reinstated on the Topaz Finance conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Topaz Finance panel reinstatement is to ensure that your firm is not removed off of the Topaz Finance 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 Topaz Finance conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Topaz Finance 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 Topaz Finance conveyancing panel.