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 practice fails to meet the criteria to remain on the Birmingham Bank conveyancing 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.
- Recurring delays in post completion requirements on behalf of Birmingham Bank
- Missing deadline to reapply to remain on the Birmingham Bank convincing panel
Questions Birmingham Bank panel reinstatement firms ask us
- Can we act for Birmingham Bank while the application for reinstatement on the Birmingham Bank panel is being assessed? How do I find out if our reinstatement appeal to the Birmingham Bank panel is approved?
- Is there a limit to the amount of occasions my practice can submit applications to be reinstated on the Birmingham Bank conveyancing panel?
- What happens if our Birmingham Bank panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Birmingham Bank?
- Is the door firmly shut if my firm’s reinstatement panel application with Birmingham Bank is rejected?
- Please can you set out the application process 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 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 Birmingham Bank conveyancing panel.