Removal from the Tandem Bank and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Tandem Bank panel terms, the written instructions that Tandem Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Tandem Bank may subsequently subscribe.
- Recurring delays in registering a charge 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.
- 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 non-compliance with post completion requirements on behalf of Tandem Bank
- Breaches of Tandem Bank conveyancing panel requirements
Common queries about Tandem Bank conveyancing panel reinstatement
- Can we act for Tandem Bank while the appeal for reinstatement on the Tandem Bank panel is being reviewed? How do I discover if our reinstatement appeal to the Tandem Bank panel is approved?
- Is there a cost to be reinstated onto the Tandem Bank conveyancing panel?
- What will happen if our Tandem Bank panel reinstatement application is turned down and the client of the firm has a mortgage application with the Tandem Bank?
- Can you outline the application process to revert back onto the Tandem Bank conveyancing panel?
- How long does the application process take when applying to be reinstated onto 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 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 Tandem Bank conveyancing panel.