Removal from the Bank of Ireland Mortgages and other lender panels: Why they do it and how to get reinstated

  • Bank of Ireland Mortgages 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 act in accordance with the Bank of Ireland Mortgages panel requirements, 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 adopt.
  • Significant 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.
  • Significant non-compliance with post completion requirements set by Bank of Ireland Mortgages
  • Failure to reapply to be on the Bank of Ireland Mortgages convincing panel

Questions Bank of Ireland Mortgages panel reinstatement firms ask us

  • Is it the practice manager who is required to complete the reinstatement application to the Bank of Ireland Mortgages panel ?
  • What is the application process to revert back onto the Bank of Ireland Mortgages conveyancing panel?
  • Is there a limit to the amount of times my practice can submit applications to get back 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?
  • Does my practice need to apply annually to be reinstated on 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 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 Mortgages conveyancing panel.

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