Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering security 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 requirements
- Topaz Finance 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.
- Missing deadline to reapply to be on the Topaz Finance convincing panel
- Recurring delays in post completion requirements on behalf of Topaz Finance
Topaz Finance panel reinstatement: Five Common Questions
- How often will this firm be required to re-apply to remain on the Topaz Finance conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Topaz Finance panel ?
- Do any avenues remain open if my firm’s reinstatement panel submission with Topaz Finance is turned down?
- Can this firm act for Topaz Finance while the application for reinstatement on the Topaz Finance panel is being assessed? How do I know if our reinstatement appeal to the Topaz Finance panel is approved?
- Is there a fee to be reinstated onto 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.