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
- Persistent delays in post completion requirements on behalf of Atom Bank
- Your firm no longer meets the criteria to remain on the Atom Bank conveyancing panel
- Atom Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to reapply to remain on the Atom Bank convincing panel
Atom Bank Conveyancing Panel Reinstatement: Common Questions
- How often will this firm be required to re-apply to be reinstated on the Atom Bank conveyancing panel?
- Is there a charge to revert back onto the Atom Bank conveyancing panel?
- Can we act for Atom Bank while the appeal for reinstatement on the Atom Bank panel is being progressed? How do I find out if our reinstatement application to the Atom Bank panel is approved?
- Does the COLP in my firm need to complete the reinstatement application to the Atom Bank panel ?
- Am I restricted as to the number of occasions my practice can apply to get back on the Atom Bank conveyancing 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 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.