Removal from the Co operative Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Co operative Bank Delays or failure to register the Co operative Bank charge may result in referral to external lawyers of Co operative Bank to complete outstanding requirements.
- Missing deadline to reapply to be on the Co operative Bank convincing panel
- Recurring delays in post completion requirements on behalf of Co operative Bank
- Your law firm no longer meets the criteria to remain on the Co operative Bank conveyancing panel
- Breaches of Co operative Bank conveyancing panel requirements
Co operative Bank panel reinstatement : questions that we get asked
- What will happen if our Co operative Bank panel reinstatement application is rejected and our client has a mortgage application with the Co operative Bank?
- What is the application process to revert back onto the Co operative Bank conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Co operative Bank panel ?
- How long does the application process take when applying to revert back onto the Co operative Bank conveyancing panel?
- Is there a fee to be reinstated onto the Co operative Bank conveyancing panel?
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 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 Co operative Bank conveyancing panel.