Removal from the Bradford & Bingley and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Bradford & Bingley panel terms, 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.
- Failure to reapply to be on the Bradford & Bingley convincing panel
- Your firm fails to meet the criteria to remain on the Bradford & Bingley conveyancing panel
- Breaches of Bradford & Bingley conveyancing panel requirements
- Persistent delays in registering security 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.
Questions Bradford & Bingley panel reinstatement firms ask us
- Am I restricted as to the number of occasions my practice can apply to get back on the Bradford & Bingley conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Bradford & Bingley is refused?
- How long does the application process take when applying to be reinstated onto the Bradford & Bingley conveyancing panel?
- What is the application procedures to revert back onto the Bradford & Bingley conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Bradford & Bingley 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.