Removal from the Britannia and other lender panels: Why they do it and how to get reinstated
- Britannia 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.
- Significant delays in registering security 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.
- Failure to reapply to be on the Britannia convincing panel
- Your firm no longer meets the criteria to remain on the Britannia conveyancing panel
- Significant delays in post completion requirements on behalf of Britannia
Answers to Frequently asked questions concerning Britannia panel reinstatement
- Can you outline the application protocol to be reinstated onto the Britannia conveyancing panel?
- Does my practice need to apply annually to remain on the Britannia conveyancing panel?
- Is there a fee to be reinstated onto the Britannia conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with Britannia is rejected?
- Can we appeal if our application for reinstatement is turned down?
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.