Removal from the Tandem Bank and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Tandem Bank conveyancing panel
- Failure to reapply to remain on the Tandem Bank convincing panel
- Persistent 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.
- Breaches of Tandem Bank conveyancing panel Terms and Conditions
Tandem Bank panel reinstatement : questions that we get asked
- Can this firm act for Tandem Bank while the appeal for reinstatement on the Tandem Bank panel is being assessed? How do I find out if our reinstatement application to the Tandem Bank panel is accepted?
- Is the door firmly shut if my firm’s reinstatement panel submission with Tandem Bank is turned down?
- How often will this firm be required to re-apply to be reinstated on the Tandem Bank conveyancing panel?
- What will happen if our Tandem Bank panel reinstatement application is rejected and our client has a mortgage offer with the Tandem Bank?
- What times frames are involved when applying to revert back 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 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.