Removal from the Atom Bank and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Atom Bank panel terms, the written instructions that Atom Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Atom Bank may subsequently adopt.
- Recurring delays in registering a charge on behalf of Atom Bank Delays or failure to register the Atom Bank charge may result in referral to external lawyers of Atom Bank to complete outstanding requirements.
- Breaches of Atom Bank conveyancing panel Terms and Conditions
- Your firm no longer meets the criteria to remain on the Atom Bank conveyancing panel
- Missing deadline to reapply to remain on the Atom Bank convincing panel
How can we assist? Atom Bank panel reinstatement questions
- How often will this firm be required to re-apply to be reinstated on the Atom Bank conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Atom Bank conveyancing panel?
- Can we appeal if our application for reinstatement is rejected?
- Am I restricted as to the amount of occasions my practice can submit applications to be reinstated on the Atom Bank conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with Atom Bank is declined?
Top Tip: The best way to avoid the hassle of seeking Atom Bank panel reinstatement is to ensure that your firm is not removed off of the Atom 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 Atom Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Atom 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 Atom Bank conveyancing panel.