Removal from the Aldermore Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering security on behalf of Aldermore Bank Delays or failure to register the Aldermore Bank charge may result in referral to external lawyers of Aldermore Bank to complete outstanding requirements.
- Breaches of Aldermore Bank conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of Aldermore Bank
- Missing deadline to reapply to be on the Aldermore Bank convincing panel
- Your practice no longer meets the criteria to remain on the Aldermore Bank conveyancing panel
How can we assist? Aldermore Bank panel reinstatement questions
- Am I restricted as to the amount of times my law firm can apply to be reinstated on the Aldermore Bank conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement is turned down?
- What are the next steps open to me if our Aldermore Bank panel reinstatement application is declined and the client of the firm has a mortgage application with the Aldermore Bank?
- Is it the practice manager who is required to sign the reinstatement application to the Aldermore Bank panel ?
- Can this firm act for Aldermore Bank while the appeal for reinstatement on the Aldermore Bank panel is being reviewed? How do I discover if our reinstatement application to the Aldermore Bank panel is accepted?
Top Tip: The best way to avoid the hassle of seeking Aldermore Bank panel reinstatement is to ensure that your firm is not removed off of the Aldermore Bank 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 Aldermore Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Aldermore Bank 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 Aldermore Bank conveyancing panel.