Removal from the Metro Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Metro Bank Delays or failure to register the Metro Bank charge may result in referral to external lawyers of Metro Bank to complete outstanding requirements.
- Your law firm no longer meets the criteria to remain on the Metro Bank conveyancing panel
- Missing deadline to reapply to be on the Metro Bank convincing panel
- Significant delays in post completion requirements set by Metro Bank
- Breaches of Metro Bank conveyancing panel requirements
FAQs : Metro Bank Conveyancing panel reinstatement
- Does my practice need to apply annually to be reinstated on the Metro Bank conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Metro Bank is refused?
- What are the next steps open to me if our Metro Bank panel reinstatement application is declined and the client of the firm has a mortgage application with the Metro Bank?
- Can we appeal if my firm’s application for reinstatement is turned down?
- Who should complete the reinstatement application to the Metro Bank panel ?
Top Tip: The best way to avoid the hassle of seeking Metro Bank panel reinstatement is to ensure that your firm is not removed off of the Metro 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 Metro Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Metro 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 Metro Bank conveyancing panel.