Removal from the Bank of Ireland Mortgages and other lender panels: Why they do it and how to get reinstated
- Breaches of Bank of Ireland Mortgages conveyancing panel requirements
- Persistent delays in registering a charge on behalf of Bank of Ireland Mortgages Delays or failure to register the Bank of Ireland Mortgages charge may result in referral to external lawyers of Bank of Ireland Mortgages to complete outstanding requirements.
- Missing deadline to reapply to remain on the Bank of Ireland Mortgages convincing panel
- Non-compliance with the Bank of Ireland Mortgages panel terms, the written instructions that Bank of Ireland Mortgages provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bank of Ireland Mortgages may subsequently subscribe.
- Bank of Ireland Mortgages may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
Answers to Frequently asked questions concerning Bank of Ireland Mortgages panel reinstatement
- Can you outline the application process to be reinstated onto the Bank of Ireland Mortgages conveyancing panel?
- How often will this firm be required to re-apply to remain on the Bank of Ireland Mortgages conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with Bank of Ireland Mortgages is turned down?
- Is there a limit to the amount of times my law firm can apply to be reinstated on the Bank of Ireland Mortgages conveyancing panel?
- How long does the application process take when applying to revert back onto the Bank of Ireland Mortgages conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Bank of Ireland Mortgages panel reinstatement is to ensure that your firm is not removed off of the Bank of Ireland Mortgages 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 Mortgages conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bank of Ireland Mortgages 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 Mortgages conveyancing panel.