Removal from the Birmingham Bank and other lender panels: Why they do it and how to get reinstated
- Birmingham Bank 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.
- Your law firm fails to meet the criteria to remain on the Birmingham Bank conveyancing panel
- Persistent 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.
- Failure to reapply to remain on the Birmingham Bank convincing panel
- Non-compliance with the Birmingham Bank panel requirements, 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.
Frequently asked questions concerning Birmingham Bank panel reinstatement
- What times frames are involved when applying to revert back onto the Birmingham Bank conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Birmingham Bank conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is turned down?
- Is it the practice manager who is required to sign the reinstatement application to the Birmingham Bank panel ?
- Can this firm act for Birmingham Bank while the appeal for reinstatement on the Birmingham Bank panel is being assessed? How do I discover if our reinstatement application to the Birmingham Bank panel is approved?
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.