Removal from the Birmingham Bank and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Birmingham Bank conveyancing panel
- Failure to act in accordance with the Birmingham Bank panel terms, the written instructions that Birmingham Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Birmingham Bank may subsequently adopt.
- Significant delays in registering a charge on behalf of Birmingham Bank Delays or failure to register the Birmingham Bank charge may result in referral to external lawyers of Birmingham Bank to complete outstanding requirements.
- Persistent non-compliance with post completion requirements set by Birmingham Bank
- Missing deadline to reapply to remain on the Birmingham Bank convincing panel
Questions Birmingham Bank panel reinstatement firms ask us
- Can you outline the application protocol to revert back onto the Birmingham Bank conveyancing panel?
- Is there a cost to be reinstated onto the Birmingham Bank conveyancing panel?
- What times frames are involved when applying to revert back onto the Birmingham Bank conveyancing panel?
- Are you able to explain why my firm’s application for reinstatement was declined?
- Am I restricted as to the amount of occasions my firm can submit applications to be reinstated on the Birmingham Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Birmingham Bank panel reinstatement is to ensure that your firm is not removed off of the Birmingham Bank 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 Birmingham Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Birmingham Bank 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 Birmingham Bank conveyancing panel.