Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Barclays plc conveyancing panel
- Breaches of Barclays plc conveyancing panel Terms and Conditions
- Barclays plc 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.
- Persistent delays in registering security on behalf of Barclays plc Delays or failure to register the Barclays plc charge may result in referral to external lawyers of Barclays plc to complete outstanding requirements.
- Non-compliance with the Barclays plc panel terms, the written instructions that Barclays plc give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Barclays plc may subsequently subscribe.
Answers to Frequently asked questions concerning Barclays plc panel reinstatement
- How do I discover why my firm’s application for reinstatement was turned down?
- What are our options if my firm’s reinstatement panel submission with Barclays plc is turned down?
- Is it the practice manager who is required to sign the reinstatement application to the Barclays plc panel ?
- Am I restricted as to the number of times my firm can apply to be reinstated on the Barclays plc conveyancing panel?
- How often will this firm be required to re-apply to remain on the Barclays plc conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Barclays plc panel reinstatement is to ensure that your firm is not removed off of the Barclays plc 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 Barclays plc conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Barclays plc 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 Barclays plc conveyancing panel.