Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of 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.
- Your law firm fails to meet the criteria to remain on the Topaz Finance conveyancing panel
- Failure to reapply to be on the Topaz Finance convincing panel
- 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.
How can we assist? Topaz Finance panel reinstatement questions
- Does the COLP in my firm need to sign the reinstatement application to the Topaz Finance panel ?
- Is the door firmly shut if my firm’s reinstatement panel submission with Topaz Finance is rejected?
- Can this firm act for Topaz Finance while the application for reinstatement on the Topaz Finance panel is being reviewed? How do I discover if our reinstatement appeal to the Topaz Finance panel is approved?
- What happens if our Topaz Finance panel reinstatement application is declined and our client has a mortgage offer with the Topaz Finance?
- How long does the application process take when applying 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.