Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated
- Breaches of Barclays plc conveyancing panel requirements
- 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.
- Your firm fails to meet the criteria to remain on the Barclays plc conveyancing panel
- Failure to reapply to be on the Barclays plc convincing panel
- 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.
Top questions concerning Barclays plc panel reinstatement
- Is there a charge to revert back onto the Barclays plc conveyancing panel?
- What is the application procedures to revert back onto the Barclays plc conveyancing panel?
- How long does the application process take when applying to be reinstated onto 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 discover if our reinstatement application to the Barclays plc panel is accepted?
- What will happen if our Barclays plc panel reinstatement application is turned down 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.