Help! - How does my law firm get reinstated on the Co operative Bank panel?

Removal from the Co operative Bank and other lender panels: Why they do it and how you get reinstated

  1. Co operative Bank 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.
  2. Breaches of Co operative Bank conveyancing panel Terms and Conditions
  3. Persistent non-compliance with post completion requirements on behalf of Co operative Bank
  4. Non-compliance with the Co operative Bank panel terms, the written instructions that Co operative Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Co operative Bank may subsequently adopt.
  5. Failure to reapply to remain on the Co operative Bank convincing panel

Answers to Frequently asked questions concerning Co operative Bank panel reinstatement

  1. Can we appeal if our application for reinstatement is refused?
  2. Is there a cost to be reinstated onto the Co operative Bank conveyancing panel?
  3. Is it the practice manager who is required to sign the reinstatement application to the Co operative Bank panel ?
  4. How long does the application process take when applying to revert back onto the Co operative Bank conveyancing panel?
  5. What are the next steps open to me if our Co operative Bank panel reinstatement application is turned down and our client has a mortgage application with the Co operative Bank?

Top Tip: The best way to avoid the hassle of seeking Co operative Bank panel reinstatement is to ensure that your firm is not removed off of the Co operative Bank 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 Co operative Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Co operative Bank 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 Co operative Bank conveyancing panel.