Removal from the Birmingham Bank and other lender panels: Why they do it and how to get reinstated
- Significant non-compliance with post completion requirements set by Birmingham Bank
- Failure to act in accordance 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.
- 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.
- Breaches of Birmingham Bank conveyancing panel Terms and Conditions
- Your firm fails to meet the criteria to remain on the Birmingham Bank conveyancing panel
How can we assist? Birmingham Bank panel reinstatement questions
- Who should complete the reinstatement application to the Birmingham Bank panel ?
- What are the next steps open to me if our Birmingham Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Birmingham Bank?
- How often will this firm be required to re-apply to be reinstated on the Birmingham Bank conveyancing panel?
- Please can you set out the application protocol to revert back onto the Birmingham Bank conveyancing panel?
- How long does the application process take when applying to be reinstated 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.