Removal from the Bradford & Bingley and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Bradford & Bingley convincing panel
- Recurring delays in registering a charge on behalf of Bradford & Bingley Delays or failure to register the Bradford & Bingley charge may result in referral to external lawyers of Bradford & Bingley to complete outstanding requirements.
- Failure to act in accordance with the Bradford & Bingley panel requirements, the written instructions that Bradford & Bingley give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bradford & Bingley may subsequently subscribe.
- Persistent delays in post completion requirements on behalf of Bradford & Bingley
- Your firm no longer meets the criteria to remain on the Bradford & Bingley conveyancing panel
Bradford & Bingley Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to be reinstated onto the Bradford & Bingley conveyancing panel?
- Is there a charge to revert back onto the Bradford & Bingley conveyancing panel?
- Can this firm act for Bradford & Bingley while the application for reinstatement on the Bradford & Bingley panel is being progressed? How do I discover if our reinstatement appeal to the Bradford & Bingley panel is accepted?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Bradford & Bingley is turned down?
- What will happen if our Bradford & Bingley panel reinstatement application is declined and the client of the firm has a mortgage offer with the Bradford & Bingley?
Top Tip: The best way to avoid the hassle of seeking Bradford & Bingley panel reinstatement is to ensure that your firm is not removed off of the Bradford & Bingley 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 Bradford & Bingley conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bradford & Bingley 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 Bradford & Bingley conveyancing panel.