Removal from the Bank of Ireland and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Bank of Ireland conveyancing panel
- Breaches of Bank of Ireland conveyancing panel requirements
- Missing deadline to reapply to remain on the Bank of Ireland convincing panel
- Persistent 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.
- Significant non-compliance with post completion requirements set by Bank of Ireland
Bank of Ireland Conveyancing Panel Reinstatement: Common Questions
- Can this firm act for Bank of Ireland while the application for reinstatement on the Bank of Ireland panel is being reviewed? How do I discover if our reinstatement application to the Bank of Ireland panel is accepted?
- Are you able to explain why my firm’s application for reinstatement is refused?
- What are our options if our reinstatement panel submission with Bank of Ireland is rejected?
- What are the next steps open to me if our Bank of Ireland panel reinstatement application is rejected and our client has a mortgage offer with the Bank of Ireland?
- Does my practice need to apply annually to remain on 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.