Removal from the Bank of Ireland and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Bank of Ireland
- Bank of Ireland 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 be on the Bank of Ireland convincing panel
- Recurring delays in registering security on behalf of Bank of Ireland Delays or failure to register the Bank of Ireland charge may result in referral to external lawyers of Bank of Ireland to complete outstanding requirements.
- Breaches of Bank of Ireland conveyancing panel Terms and Conditions
Bank of Ireland panel reinstatement: Five Common Questions
- Is the door firmly shut if our reinstatement panel application with Bank of Ireland is declined?
- What happens if our Bank of Ireland panel reinstatement application is turned down and the client of the firm has a mortgage application with the Bank of Ireland?
- How long does the application process take when applying to revert back onto the Bank of Ireland conveyancing panel?
- Can we act for Bank of Ireland while the application for reinstatement on the Bank of Ireland panel is being processed? How do I find out if our reinstatement application to the Bank of Ireland panel is accepted?
- Is there a charge 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 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 Bank of Ireland conveyancing panel.