Bank of Scotland panel reinstatement guidance - Here to help

Top reasons law firms require reinstatement onto the Bank of Scotland conveyancing panel

  1. Your practice fails to meet the criteria to remain on the Bank of Scotland conveyancing panel
  2. 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.
  3. Missing deadline to reapply to remain on the Bank of Scotland convincing panel
  4. 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.
  5. Failure to act in accordance with the Bank of Scotland panel terms, the written instructions that Bank of Scotland provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bank of Scotland may subsequently subscribe.

How can we assist? Bank of Scotland panel reinstatement questions

  1. How do I discover why this practice’s application for reinstatement was declined?
  2. Can this firm act for Bank of Scotland while the appeal for reinstatement on the Bank of Scotland panel is being processed? How do I discover if our reinstatement application to the Bank of Scotland panel is accepted?
  3. Does my practice need to apply annually to remain on the Bank of Scotland conveyancing panel?
  4. Please can you set out the application procedures to be reinstated onto the Bank of Scotland conveyancing panel?
  5. Is there a fee 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.