Removal from the Birmingham Bank and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Birmingham Bank conveyancing panel
- Non-compliance with the Birmingham Bank panel terms, the written instructions that Birmingham Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Birmingham Bank may subsequently adopt.
- Recurring non-compliance with post completion requirements on behalf of Birmingham Bank
- Recurring delays in registering security 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
Birmingham Bank panel reinstatement: Five Common Questions
- Can we act for Birmingham Bank while the appeal for reinstatement on the Birmingham Bank panel is being assessed? How do I discover if our reinstatement appeal to the Birmingham Bank panel is accepted?
- Can we appeal if this practice’s application for reinstatement is refused?
- Is there a charge to revert back onto the Birmingham Bank conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Birmingham Bank panel ?
- Can you outline the application procedures to revert back onto 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.