Is your law firm looking to be reinstated onto the Aldermore Bank panel?

Removal from the Aldermore Bank and other lender panels: Why they do it and how you get reinstated

  1. Aldermore Bank 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.
  2. Failure to act in accordance with the Aldermore Bank panel requirements, the written instructions that Aldermore Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Aldermore Bank may subsequently adopt.
  3. Your practice fails to meet the criteria to remain on the Aldermore Bank conveyancing panel
  4. Persistent delays in post completion requirements on behalf of Aldermore Bank
  5. Persistent 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.

How can we assist? Aldermore Bank panel reinstatement questions

  1. How often will this firm be required to re-apply to remain on the Aldermore Bank conveyancing panel?
  2. Can you outline the application procedures to be reinstated onto the Aldermore Bank conveyancing panel?
  3. Are you able to explain why this practice’s application for reinstatement was refused?
  4. Is there a cost to be reinstated onto the Aldermore Bank conveyancing panel?
  5. What are our options if our reinstatement panel submission with Aldermore Bank is refused?

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.