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

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

FAQs : Metro Bank Conveyancing panel reinstatement

  • What times frames are involved when applying to be reinstated onto the Metro Bank conveyancing panel?
  • What is the application protocol to revert back onto the Metro Bank conveyancing panel?
  • What are the consequences if our Metro Bank panel reinstatement application is refused and our client has a mortgage offer with the Metro Bank?
  • How often will this firm be required to re-apply to remain on the Metro Bank conveyancing panel?
  • Is it possible to find out this practice’s application for reinstatement is refused?

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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