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

  • Your firm no longer meets the criteria to remain on the Metro Bank conveyancing panel
  • Significant delays in registering security 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.
  • Metro 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.
  • Failure to reapply to remain on the Metro Bank convincing panel
  • Failure to act in accordance with the Metro Bank panel terms, the written instructions that Metro Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Metro Bank may subsequently subscribe.

Metro Bank Conveyancing Panel Reinstatement: Common Questions

  • Is there a limit to the amount of times my practice can apply to be reinstated on the Metro Bank conveyancing panel?
  • What happens if our Metro Bank panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Metro Bank?
  • Is it the practice manager who is required to complete the reinstatement application to the Metro Bank panel ?
  • How long does the application process take when applying to be reinstated onto the Metro Bank conveyancing panel?
  • Please can you set out the application protocol to revert back onto the Metro Bank conveyancing 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.

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