Removal from the Clydesdale Bank and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet 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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Clydesdale Bank may subsequently adopt.
- Missing deadline to reapply to be on the Clydesdale Bank convincing panel
- Recurring non-compliance with post completion requirements on behalf of Clydesdale Bank
- Breaches of Clydesdale Bank conveyancing panel requirements
Top questions concerning Clydesdale Bank panel reinstatement
- Are you able to explain why our application for reinstatement is declined?
- Can we act for Clydesdale Bank while the application for reinstatement on the Clydesdale Bank panel is being assessed? How do I discover if our reinstatement appeal to the Clydesdale Bank panel is approved?
- What are the next steps open to me if our Clydesdale Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Clydesdale Bank?
- Can you outline the application protocol to revert back onto the Clydesdale Bank conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Clydesdale Bank 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.