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

  • Your firm fails to meet the criteria to remain on the Metro Bank conveyancing 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 adopt.
  • Missing deadline to reapply to be on the Metro Bank convincing panel
  • Breaches of Metro Bank conveyancing panel Terms and Conditions
  • 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 Conveyancing Panel Reinstatement: Common Questions

  • What are the consequences if our Metro Bank panel reinstatement application is refused and the client of the firm has a mortgage offer with the Metro Bank?
  • Can we appeal if my firm’s application for reinstatement is declined?
  • Is there a limit to the amount of times my firm can apply to get back on the Metro Bank conveyancing panel?
  • What are our options if our reinstatement panel submission with Metro Bank is refused?
  • How often will this firm be required to re-apply to be reinstated on 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 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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