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

  • Your practice fails to meet the criteria to remain on the Metro Bank conveyancing panel
  • Missing deadline to reapply to be on the Metro Bank convincing panel
  • Metro 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.
  • Recurring non-compliance with post completion requirements on behalf of Metro Bank
  • Breaches of Metro Bank conveyancing panel Terms and Conditions

Top questions concerning Metro Bank panel reinstatement

  • Am I restricted as to the number of times my practice can apply to get back on the Metro Bank conveyancing panel?
  • Is the door firmly shut if my firm’s reinstatement panel submission with Metro Bank is refused?
  • Is there a charge to revert back onto the Metro Bank conveyancing panel?
  • Does my practice need to apply annually to remain on the Metro Bank conveyancing panel?
  • Is it the practice manager who is required to sign 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 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 Metro Bank conveyancing panel.

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