Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by Topaz Finance
- Missing deadline to reapply to be on the Topaz Finance convincing panel
- Significant 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.
- Your firm fails to meet the criteria to remain on the Topaz Finance conveyancing panel
- Failure to act in accordance 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.
FAQs : Topaz Finance Conveyancing panel reinstatement
- Is there a charge to revert back onto the Topaz Finance conveyancing panel?
- Please can you set out the application protocol to revert back onto the Topaz Finance conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Topaz Finance panel ?
- How often will this firm be required to re-apply to remain on the Topaz Finance conveyancing panel?
- What happens if our Topaz Finance panel reinstatement application is turned down and the client of the firm has a mortgage application with the Topaz Finance?
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.