Lloyds dumped us from its panel but I don’t know why

As another firm that has just received a letter from Lloyds Banking Group telling me I have been removed from its broker panel, I am staggered.
Our business is small so is certainly not a huge buy-to-let player.

We provided full income verification on every case submitted whether it was requested or not. The lender has now cited unrealistic age and earnings as one of the reasons for my firm being taken off its panel.

We sent payslips with corresponding bank statements in all cases, even the self-cert and buy-to-let ones.

I have no idea if our business can continue on any level so thanks to Lloyds group my kids won’t be having a Christmas. I will have to tell them that I don’t know why.

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