Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Barclays plc conveyancing panel
- 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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Barclays plc may subsequently subscribe.
- 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.
- Failure to reapply to remain on the Barclays plc convincing panel
Frequently asked questions concerning Barclays plc panel reinstatement
- Is it possible to find out my firm’s application for reinstatement is declined?
- What happens if our Barclays plc panel reinstatement application is declined and the client of the firm has a mortgage offer with the Barclays plc?
- What are our options if my firm’s reinstatement panel application with Barclays plc is rejected?
- Can we act for Barclays plc while the application for reinstatement on the Barclays plc panel is being processed? How do I know if our reinstatement application to the Barclays plc panel is accepted?
- What is the application protocol to be reinstated onto 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.