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 provides false answers in its application form or in relation to any future requests for information.
- Breaches of Britannia conveyancing panel Terms and Conditions
- Non-compliance 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.
- Persistent 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.
- Significant non-compliance with post completion requirements on behalf of Britannia
Britannia Conveyancing Panel Reinstatement: Common Questions
- Can we appeal if my firm’s application for reinstatement is refused?
- Do any avenues remain open if our reinstatement panel application with Britannia is rejected?
- What is the application procedures to be reinstated onto the Britannia conveyancing panel?
- How often will this firm be required to re-apply to remain on the Britannia conveyancing panel?
- Can we act for Britannia while the appeal for reinstatement on the Britannia panel is being processed? How do I know if our reinstatement application to the Britannia panel is approved?
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 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 Britannia conveyancing panel.