Removal from the Atom Bank and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Atom Bank
- Atom 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.
- Your firm fails to meet 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.
- Breaches of Atom Bank conveyancing panel Terms and Conditions
Common questions about Atom Bank conveyancing panel reinstatement
- What is the application protocol to revert back onto the Atom Bank conveyancing panel?
- What times frames are involved when applying to revert back onto the Atom Bank conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is refused?
- Does my practice need to apply annually to remain on the Atom Bank conveyancing panel?
- Who should sign the reinstatement application to the Atom Bank panel ?
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 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 Atom Bank conveyancing panel.