Removal from the Tandem 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 Tandem Bank conveyancing panel
- Significant non-compliance with post completion requirements set by Tandem Bank
- Tandem 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 delays in registering security on behalf of Tandem Bank Delays or failure to register the Tandem Bank charge may result in referral to external lawyers of Tandem Bank to complete outstanding requirements.
- Breaches of Tandem Bank conveyancing panel Terms and Conditions
Tandem Bank panel reinstatement : questions that we get asked
- Please can you set out the application procedures to revert back onto the Tandem Bank conveyancing panel?
- Can we act for Tandem Bank while the application for reinstatement on the Tandem Bank panel is being assessed? How do I know if our reinstatement appeal to the Tandem Bank panel is accepted?
- What are the consequences if our Tandem Bank panel reinstatement application is rejected and our client has a mortgage application with the Tandem Bank?
- How long does the application process take when applying to revert back onto the Tandem Bank conveyancing panel?
- How often will this firm be required to re-apply to remain on the Tandem Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Tandem Bank panel reinstatement is to ensure that your firm is not removed off of the Tandem 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 Tandem Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Tandem 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 Tandem Bank conveyancing panel.