Removal from the Bank of Scotland and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Bank of Scotland convincing panel
- Significant delays in registering a charge on behalf of Bank of Scotland Delays or failure to register the Bank of Scotland charge may result in referral to external lawyers of Bank of Scotland to complete outstanding requirements.
- Persistent delays in post completion requirements set by Bank of Scotland
- Bank of Scotland 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 Bank of Scotland conveyancing panel Terms and Conditions
Bank of Scotland panel reinstatement : You have questions, we have answers
- Can you outline the application procedures to be reinstated onto the Bank of Scotland conveyancing panel?
- Is there a limit to the number of times my firm can submit applications to be reinstated on the Bank of Scotland conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Bank of Scotland conveyancing panel?
- Is there a fee to be reinstated onto the Bank of Scotland conveyancing panel?
- Are you able to explain why our application for reinstatement was turned down?
Top Tip: The best way to avoid the hassle of seeking Bank of Scotland panel reinstatement is to ensure that your firm is not removed off of the Bank of Scotland 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 Bank of Scotland conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bank of Scotland 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 Bank of Scotland conveyancing panel.