Removal from the Clydesdale Bank and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Clydesdale Bank panel requirements, the written instructions that Clydesdale Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Clydesdale Bank may subsequently adopt.
- Failure to reapply to remain on the Clydesdale Bank convincing panel
- Significant delays in registering security on behalf of Clydesdale Bank Delays or failure to register the Clydesdale Bank charge may result in referral to external lawyers of Clydesdale Bank to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the Clydesdale Bank conveyancing panel
- Clydesdale Bank 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.
Answers to Frequently asked questions concerning Clydesdale Bank panel reinstatement
- Is there a limit to the amount of times my firm can apply to get back on the Clydesdale Bank conveyancing panel?
- Can this firm act for Clydesdale Bank while the appeal for reinstatement on the Clydesdale Bank panel is being reviewed? How do I find out if our reinstatement application to the Clydesdale Bank panel is approved?
- What is the application process to revert back onto the Clydesdale Bank conveyancing panel?
- Can we appeal if our application for reinstatement was rejected?
- Is there a cost to be reinstated onto the Clydesdale Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Clydesdale Bank panel reinstatement is to ensure that your firm is not removed off of the Clydesdale Bank 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 Clydesdale Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Clydesdale Bank 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 Clydesdale Bank conveyancing panel.