Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to remain on the Barclays plc convincing panel
  • Failure to act in accordance with the Barclays plc panel requirements, the written instructions that Barclays plc provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Barclays plc may subsequently subscribe.
  • Significant non-compliance with post completion requirements on behalf of Barclays plc
  • Barclays plc 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.
  • Breaches of Barclays plc conveyancing panel requirements

Common questions about Barclays plc conveyancing panel reinstatement

  • Can you outline the application procedures to be reinstated onto the Barclays plc conveyancing panel?
  • Is there a limit to the amount of times my practice can submit applications to be reinstated on the Barclays plc conveyancing panel?
  • Can we act for Barclays plc while the appeal for reinstatement on the Barclays plc panel is being assessed? How do I find out if our reinstatement application to the Barclays plc panel is approved?
  • Can we appeal if this practice’s application for reinstatement was refused?
  • What will happen if our Barclays plc panel reinstatement application is refused and the client of the firm has a mortgage application with the Barclays plc?

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.

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