Removal from the Bank of Ireland and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Bank of Ireland convincing panel
- Breaches of Bank of Ireland conveyancing panel requirements
- Your practice fails to meet the criteria to remain on the Bank of Ireland conveyancing panel
- Failure to act in accordance with the Bank of Ireland panel terms, the written instructions that Bank of Ireland provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bank of Ireland may subsequently subscribe.
- Significant delays in post completion requirements on behalf of Bank of Ireland
Bank of Ireland panel reinstatement: Five Common Questions
- Is there a charge to be reinstated onto the Bank of Ireland conveyancing panel?
- How often will this firm be required to re-apply to remain on the Bank of Ireland conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Bank of Ireland is rejected?
- Can you outline the application protocol to be reinstated onto the Bank of Ireland conveyancing panel?
- What times frames are involved when applying to revert back onto the Bank of Ireland conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Bank of Ireland panel reinstatement is to ensure that your firm is not removed off of the Bank of Ireland 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 Bank of Ireland conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bank of Ireland 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 Bank of Ireland conveyancing panel.