Removal from the Co operative Bank and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Co operative Bank conveyancing panel
- Co operative Bank 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.
- Breaches of Co operative Bank conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements set by Co operative Bank
- Failure to reapply to be on the Co operative Bank convincing panel
Co operative Bank panel reinstatement : You have questions, we have answers
- Am I restricted as to the amount of occasions my practice can apply to be reinstated on the Co operative Bank conveyancing panel?
- Who should complete the reinstatement application to the Co operative Bank panel ?
- Can this firm act for Co operative Bank while the appeal for reinstatement on the Co operative Bank panel is being assessed? How do I find out if our reinstatement application to the Co operative Bank panel is accepted?
- Is it possible to find out this practice’s application for reinstatement is turned down?
- What happens if our Co operative Bank panel reinstatement application is refused and the client of the firm 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.