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 provides false answers in its application form or in relation to any future requests for information.
- Recurring delays in registering security 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.
- Recurring delays in post completion requirements on behalf of Bank of Ireland Mortgages
- Breaches of Bank of Ireland Mortgages conveyancing panel requirements
- 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 adopt.
Frequently asked questions concerning Bank of Ireland Mortgages panel reinstatement
- Who should complete the reinstatement application to the Bank of Ireland Mortgages panel ?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Bank of Ireland Mortgages is declined?
- What will happen if our Bank of Ireland Mortgages panel reinstatement application is rejected and our client has a mortgage offer with the Bank of Ireland Mortgages?
- 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 know if our reinstatement application to the Bank of Ireland Mortgages panel is accepted?
- Can you outline the application process to be reinstated 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 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.