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
- Breaches of Clydesdale Bank conveyancing panel Terms and Conditions
- Persistent 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.
- Missing deadline to reapply to be on the Clydesdale Bank convincing panel
- Non-compliance 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 adopt.
Clydesdale Bank panel reinstatement : You have questions, we have answers
- What will happen if our Clydesdale Bank panel reinstatement application is refused and our client has a mortgage offer with the Clydesdale Bank?
- Can we act for Clydesdale Bank while the application for reinstatement on the Clydesdale Bank panel is being reviewed? How do I know if our reinstatement appeal to the Clydesdale Bank panel is accepted?
- Does my practice need to apply annually to be reinstated on the Clydesdale Bank conveyancing panel?
- Can you outline the application process to be reinstated onto the Clydesdale Bank conveyancing panel?
- Is it the practice manager who is required to complete 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.