Removal from the Tandem Bank and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Tandem Bank conveyancing panel
- 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 provides false answers in its application form or in relation to any future requests for information.
- Missing deadline to reapply to be on the Tandem Bank convincing panel
- Recurring delays in post completion requirements on behalf of Tandem Bank
FAQs : Tandem Bank Conveyancing panel reinstatement
- Can this firm act for Tandem Bank while the application for reinstatement on the Tandem Bank panel is being reviewed? How do I find out if our reinstatement appeal to the Tandem Bank panel is accepted?
- How often will this firm be required to re-apply to remain on the Tandem Bank conveyancing panel?
- How long does the application process take when applying to revert back onto the Tandem Bank conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is refused?
- What are the consequences if our Tandem Bank panel reinstatement application is declined and the client of the firm has a mortgage offer with the Tandem Bank?
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.