Removal from the Bank of Scotland and other lender panels: Why they do it and how to get reinstated

  • Your practice fails to meet the criteria to remain on the Bank of Scotland conveyancing panel
  • Recurring 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.
  • 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.
  • Failure to reapply to be on the Bank of Scotland convincing panel
  • Failure to act in accordance with the Bank of Scotland panel terms, the written instructions that Bank of Scotland give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bank of Scotland may subsequently adopt.

How can we assist? Bank of Scotland panel reinstatement questions

  • Can we act for Bank of Scotland while the appeal for reinstatement on the Bank of Scotland panel is being progressed? How do I find out if our reinstatement appeal to the Bank of Scotland panel is approved?
  • Is there a cost to revert back onto the Bank of Scotland conveyancing panel?
  • Am I restricted as to the number of occasions my practice can submit applications to get back on the Bank of Scotland conveyancing panel?
  • Does the COLP in my firm need to sign the reinstatement application to the Bank of Scotland panel ?
  • How long does the application process take when applying to revert back onto the Bank of Scotland conveyancing panel?

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 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 Bank of Scotland conveyancing panel.

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