Removal from the Aldermore Bank and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Aldermore Bank conveyancing panel requirements
- Missing deadline to reapply to remain on the Aldermore Bank convincing panel
- 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.
- Significant non-compliance with post completion requirements on behalf of Aldermore Bank
Questions Aldermore Bank panel reinstatement firms ask us
- Am I restricted as to the number of occasions my law firm can apply to get back on the Aldermore Bank conveyancing panel?
- What will happen if our Aldermore Bank panel reinstatement application is turned down and our client has a mortgage offer with the Aldermore Bank?
- Can we act for Aldermore Bank while the application for reinstatement on the Aldermore Bank panel is being reviewed? How do I discover if our reinstatement appeal to the Aldermore Bank panel is accepted?
- Is there a cost to revert back onto the Aldermore Bank conveyancing panel?
- How do I discover why this practice’s application for reinstatement 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 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 Aldermore Bank conveyancing panel.