Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Topaz Finance convincing panel
- Your law firm fails to meet the criteria to remain on the Topaz Finance conveyancing panel
- Recurring 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.
- Recurring delays in post completion requirements on behalf of Topaz Finance
- Non-compliance 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 adopt.
Frequently asked questions concerning Topaz Finance panel reinstatement
- What are the consequences if our Topaz Finance panel reinstatement application is declined and the client of the firm has a mortgage application with the Topaz Finance?
- Can we appeal if my firm’s application for reinstatement is rejected?
- Am I restricted as to the number of occasions my law firm can submit applications to be reinstated on the Topaz Finance conveyancing panel?
- How long does the application process take when applying to revert back onto the Topaz Finance conveyancing panel?
- What is the application procedures 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 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 Topaz Finance conveyancing panel.