Removal from the Barclays plc and other lender panels: Why they do it and how to get reinstated
- 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 act in accordance with the Barclays plc panel requirements, the written instructions that Barclays plc give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Barclays plc may subsequently adopt.
- 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 law firm no longer meets the criteria to remain on the Barclays plc conveyancing panel
- Breaches of Barclays plc conveyancing panel Terms and Conditions
Frequently asked questions concerning Barclays plc panel reinstatement
- What times frames are involved when applying to revert back onto the Barclays plc conveyancing panel?
- Does my practice need to apply annually to remain on the Barclays plc conveyancing panel?
- Please can you set out the application protocol to revert back onto the Barclays plc conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement is rejected?
- What happens if our Barclays plc panel reinstatement application is refused and the client of the firm has a mortgage offer 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.