Removal from the Clydesdale Bank and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements set by Clydesdale Bank
- Your law firm no longer meets the criteria to remain on the Clydesdale Bank conveyancing panel
- Failure to act in accordance with the Clydesdale Bank panel terms, 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 subscribe.
- Breaches of Clydesdale Bank conveyancing panel Terms and Conditions
- 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 Conveyancing Panel Reinstatement: Common Questions
- Do any avenues remain open if our reinstatement panel submission with Clydesdale Bank is declined?
- How often will this firm be required to re-apply to be reinstated on the Clydesdale Bank conveyancing panel?
- Is there a fee to be reinstated onto the Clydesdale Bank conveyancing panel?
- Can we act for Clydesdale Bank while the application for reinstatement on the Clydesdale Bank panel is being processed? How do I find out if our reinstatement appeal to the Clydesdale Bank panel is accepted?
- Is there a limit to the amount of occasions my practice can submit applications to be reinstated on 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.