Removal from the Atom Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of Atom Bank conveyancing panel requirements
- Your firm no longer meets the criteria to remain on the Atom Bank conveyancing panel
- Persistent delays in registering security 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.
- Significant non-compliance with post completion requirements set by Atom Bank
- Missing deadline to reapply to be on the Atom Bank convincing panel
Atom Bank panel reinstatement : You have questions, we have answers
- Is there a charge to be reinstated onto the Atom Bank conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Atom Bank conveyancing panel?
- Can we act for Atom Bank while the application for reinstatement on the Atom Bank panel is being reviewed? How do I discover if our reinstatement appeal to the Atom Bank panel is approved?
- Does the COLP in my firm need to sign the reinstatement application to the Atom Bank panel ?
- What are our options if our reinstatement panel application with Atom Bank is rejected?
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.