Removal from the Britannia and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements set by Britannia
- Recurring delays in registering a charge on behalf of Britannia Delays or failure to register the Britannia charge may result in referral to external lawyers of Britannia to complete outstanding requirements.
- Your firm no longer meets the criteria to remain on the Britannia conveyancing panel
- Failure to reapply to remain on the Britannia convincing panel
- Failure to act in accordance with the Britannia panel terms, the written instructions that Britannia provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Britannia may subsequently adopt.
Common queries about Britannia conveyancing panel reinstatement
- What happens if our Britannia panel reinstatement application is turned down and the client of the firm has a mortgage application with the Britannia?
- Is there a limit to the amount of times my firm can apply to be reinstated on the Britannia conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement was declined?
- What times frames are involved when applying to be reinstated onto the Britannia conveyancing panel?
- Does my practice need to apply annually to remain on the Britannia conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Britannia panel reinstatement is to ensure that your firm is not removed off of the Britannia 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 Britannia conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Britannia 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 Britannia conveyancing panel.