Removal from the Clydesdale Bank and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Clydesdale Bank conveyancing panel
- Non-compliance with the Clydesdale Bank panel requirements, the written instructions that Clydesdale Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Clydesdale Bank may subsequently adopt.
- Recurring delays in post completion requirements on behalf of Clydesdale Bank
- Persistent delays in registering a charge 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.
- 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.
Clydesdale Bank panel reinstatement: Five Common Questions
- Who should complete the reinstatement application to the Clydesdale Bank panel ?
- Do any avenues remain open if our reinstatement panel application with Clydesdale Bank is turned down?
- Does my practice need to apply annually to remain on the Clydesdale Bank conveyancing panel?
- Please can you set out the application process to be reinstated onto the Clydesdale Bank conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is rejected?
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 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 Clydesdale Bank conveyancing panel.