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.
- 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.
- Significant delays in post completion requirements set by Clydesdale Bank
- 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.
Questions Clydesdale Bank panel reinstatement firms ask us
- Can we act for Clydesdale Bank while the appeal for reinstatement on the Clydesdale Bank panel is being processed? How do I discover if our reinstatement appeal to the Clydesdale Bank panel is approved?
- What will happen if our Clydesdale Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Clydesdale Bank?
- Are you able to explain why our application for reinstatement was declined?
- Is there a charge to revert back onto the Clydesdale Bank conveyancing panel?
- Is there a limit to the amount of occasions my firm can apply 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.