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
- Breaches of Barclays plc conveyancing panel Terms and Conditions
- 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.
- Persistent delays in registering a charge 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.
- Failure to act in accordance 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.
Common queries about Barclays plc conveyancing panel reinstatement
- Please can you set out the application process to be reinstated onto the Barclays plc conveyancing panel?
- Is there a charge to be reinstated onto the Barclays plc conveyancing panel?
- Can this firm act for Barclays plc while the appeal for reinstatement on the Barclays plc panel is being processed? How do I know if our reinstatement appeal to the Barclays plc panel is approved?
- Does the COLP in my firm need to complete the reinstatement application to the Barclays plc panel ?
- Is there a limit to the number of times my law firm can submit applications to be reinstated 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.