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

  • Missing deadline to reapply to be on the Co operative Bank convincing panel
  • Breaches of Co operative Bank conveyancing panel requirements
  • Non-compliance with the Co operative Bank panel requirements, 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.
  • 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.
  • Your firm no longer meets the criteria to remain on the Co operative Bank conveyancing panel

Frequently asked questions concerning Co operative Bank panel reinstatement

  • How long does the application process take when applying to be reinstated onto the Co operative Bank conveyancing panel?
  • What are the consequences if our Co operative Bank panel reinstatement application is rejected and our client has a mortgage application with the Co operative Bank?
  • What are our options if our reinstatement panel application with Co operative Bank is rejected?
  • What is the application protocol to be reinstated onto the Co operative Bank conveyancing panel?
  • Can we act for Co operative Bank while the appeal for reinstatement on the Co operative Bank panel is being processed? How do I discover if our reinstatement application to the Co operative Bank panel is approved?

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.

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