Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Barclays plc convincing panel
- Non-compliance 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.
- 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.
- Significant non-compliance with post completion requirements on behalf of Barclays plc
- Breaches of Barclays plc conveyancing panel requirements
Barclays plc Conveyancing Panel Reinstatement: Common Questions
- What times frames are involved when applying to revert back onto the Barclays plc conveyancing panel?
- Am I restricted as to the amount of times my law firm can apply to get back on the Barclays plc conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Barclays plc is turned down?
- How often will this firm be required to re-apply to remain on the Barclays plc conveyancing panel?
- Can this firm act for Barclays plc while the application for reinstatement on the Barclays plc panel is being progressed? How do I find out if our reinstatement appeal to the Barclays plc panel is accepted?
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 appointed 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.