Removal from the Birmingham Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements set by Birmingham Bank
- Your law firm fails to meet the criteria to remain on the Birmingham Bank conveyancing panel
- Birmingham Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- 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 subscribe.
- Missing deadline to reapply to be on the Birmingham Bank convincing panel
FAQs : Birmingham Bank Conveyancing panel reinstatement
- What will happen if our Birmingham Bank panel reinstatement application is declined and our client has a mortgage offer with the Birmingham Bank?
- What is the application protocol to be reinstated onto the Birmingham Bank conveyancing panel?
- How often will this firm be required to re-apply to remain on the Birmingham Bank conveyancing panel?
- 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 progressed? How do I discover if our reinstatement appeal 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 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.