Removal from the Progressive BS and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Progressive BS convincing panel
- Breaches of Progressive BS conveyancing panel requirements
- Your law firm fails to meet the criteria to remain on the Progressive BS conveyancing panel
- Recurring delays in registering a charge on behalf of Progressive BS Delays or failure to register the Progressive BS charge may result in referral to external lawyers of Progressive BS to complete outstanding requirements.
- Failure to act in accordance with the Progressive BS panel requirements, the written instructions that Progressive BS give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Progressive BS may subsequently subscribe.
How can we assist? Progressive BS panel reinstatement questions
- Is it possible to find out this practice’s application for reinstatement is declined?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Progressive BS is turned down?
- Am I restricted as to the amount of occasions my law firm can submit applications to be reinstated on the Progressive BS conveyancing panel?
- Is there a charge to be reinstated onto the Progressive BS conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Progressive BS conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Progressive BS panel reinstatement is to ensure that your firm is not removed off of the Progressive BS 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 Progressive BS conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Progressive BS 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 Progressive BS conveyancing panel.