Removal from the Topaz Finance and other lender panels: Why they do it and how to get reinstated
- 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.
- Persistent non-compliance with post completion requirements set by Topaz Finance
- Breaches of Topaz Finance conveyancing panel Terms and Conditions
- 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 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.
Common questions about Topaz Finance conveyancing panel reinstatement
- Can you outline the application procedures to revert back onto the Topaz Finance conveyancing panel?
- Is there a limit to the number of times my practice can apply to be reinstated on the Topaz Finance conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Topaz Finance conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Topaz Finance panel ?
- Is there a fee 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 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.