Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Topaz Finance convincing panel
- Breaches of Topaz Finance conveyancing panel Terms and Conditions
- Your practice no longer meets the criteria to remain on the Topaz Finance conveyancing panel
- 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.
- Non-compliance with the Topaz Finance panel terms, the written instructions that Topaz Finance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Topaz Finance may subsequently adopt.
Answers to Frequently asked questions concerning Topaz Finance panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Topaz Finance is turned down?
- Am I restricted as to the number of occasions my practice can apply to be reinstated on the Topaz Finance conveyancing panel?
- What are the consequences if our Topaz Finance panel reinstatement application is refused and the client of the firm has a mortgage application with the Topaz Finance?
- How do I discover why our application for reinstatement was refused?
- Is there a cost 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.