Removal from the Clydesdale Bank and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements set by Clydesdale Bank
- 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.
- Failure to reapply to remain on the Clydesdale Bank convincing panel
- Clydesdale Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Your firm no longer meets the criteria to remain on the Clydesdale Bank conveyancing panel
Clydesdale Bank panel reinstatement : questions that we get asked
- What will happen if our Clydesdale Bank panel reinstatement application is declined and our client has a mortgage offer with the Clydesdale Bank?
- What are our options if our reinstatement panel submission with Clydesdale Bank is refused?
- Are you able to explain why this practice’s application for reinstatement was declined?
- Is there a cost to revert back onto the Clydesdale Bank conveyancing panel?
- Please can you set out the application process to be reinstated onto 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.