Removal from the Bank of Scotland Private and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements set by Bank of Scotland Private
- Bank of Scotland Private 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.
- Breaches of Bank of Scotland Private conveyancing panel Terms and Conditions
- Your practice no longer meets the criteria to remain on the Bank of Scotland Private conveyancing panel
- Missing deadline to reapply to remain on the Bank of Scotland Private convincing panel
Bank of Scotland Private panel reinstatement: Five Common Questions
- Can this firm act for Bank of Scotland Private while the application for reinstatement on the Bank of Scotland Private panel is being assessed? How do I find out if our reinstatement appeal to the Bank of Scotland Private panel is accepted?
- Please can you set out the application procedures to be reinstated onto the Bank of Scotland Private conveyancing panel?
- What happens if our Bank of Scotland Private panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Bank of Scotland Private?
- Is it possible to find out this practice’s application for reinstatement is turned down?
- Does the COLP in my firm need to complete the reinstatement application to the Bank of Scotland Private panel ?
Top Tip: The best way to avoid the hassle of seeking Bank of Scotland Private panel reinstatement is to ensure that your firm is not removed off of the Bank of Scotland Private 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 Private conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bank of Scotland Private 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 Private conveyancing panel.