Removal from the Atom Bank and other lender panels: Why they do it and how to get reinstated
- Significant non-compliance with post completion requirements on behalf of Atom Bank
- Missing deadline to reapply to be on the Atom Bank convincing panel
- Breaches of Atom Bank conveyancing panel requirements
- 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.
- Non-compliance with the Atom Bank panel requirements, the written instructions that Atom Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Atom Bank may subsequently subscribe.
Top questions concerning Atom Bank panel reinstatement
- Who should sign the reinstatement application to the Atom Bank panel ?
- Do any avenues remain open if my firm’s reinstatement panel submission with Atom Bank is turned down?
- How often will this firm be required to re-apply to remain on the Atom Bank conveyancing panel?
- Please can you set out the application process to revert back onto the Atom Bank conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement was 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 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.