Removal from the Bank of Ireland Mortgages and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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 post completion requirements set by Bank of Ireland Mortgages
- Recurring 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.
- Breaches of Bank of Ireland Mortgages conveyancing panel Terms and Conditions
- Your law firm no longer meets the criteria to remain on the Bank of Ireland Mortgages conveyancing panel
Questions Bank of Ireland Mortgages panel reinstatement firms ask us
- Is there a limit to the amount of occasions my law firm 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?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Bank of Ireland Mortgages is rejected?
- Can we act for Bank of Ireland Mortgages while the application for reinstatement on the Bank of Ireland Mortgages panel is being processed? How do I discover if our reinstatement appeal to the Bank of Ireland Mortgages panel is accepted?
- How often will this firm be required to re-apply 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.