Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Topaz Finance convincing panel
- Breaches of Topaz Finance conveyancing panel requirements
- Your practice fails to meet the criteria to remain on the Topaz Finance conveyancing panel
- Persistent non-compliance with post completion requirements set by Topaz Finance
- 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
- Can we appeal if my firm’s application for reinstatement was turned down?
- How long does the application process take when applying to be reinstated onto the Topaz Finance conveyancing panel?
- Can this firm act for Topaz Finance while the application for reinstatement on the Topaz Finance panel is being progressed? How do I know if our reinstatement application to the Topaz Finance panel is approved?
- What happens if our Topaz Finance panel reinstatement application is rejected and our client has a mortgage application with the Topaz Finance?
- Please can you set out the application process to revert back 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.