Removal from the Bradford & Bingley and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Bradford & Bingley conveyancing panel
- Breaches of Bradford & Bingley conveyancing panel Terms and Conditions
- Recurring delays in post completion requirements set by Bradford & Bingley
- Missing deadline to reapply to remain on the Bradford & Bingley convincing panel
- 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 adopt.
Answers to Frequently asked questions concerning Bradford & Bingley panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel submission with Bradford & Bingley is turned down?
- Can you outline the application procedures to revert back onto the Bradford & Bingley conveyancing panel?
- Is there a fee to revert back onto the Bradford & Bingley conveyancing panel?
- Am I restricted as to the amount of times my practice can apply to be reinstated on the Bradford & Bingley conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Bradford & Bingley conveyancing panel?
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 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 Bradford & Bingley conveyancing panel.