Removal from the Cynergy Bank and other lender panels: Why they do it and how to get reinstated

  • Failure to act in accordance with the Cynergy Bank panel requirements, the written instructions that Cynergy Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Cynergy Bank may subsequently adopt.
  • Failure to reapply to be on the Cynergy Bank convincing panel
  • Cynergy 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.
  • Recurring delays in post completion requirements set by Cynergy Bank
  • Breaches of Cynergy Bank conveyancing panel requirements

Cynergy Bank Conveyancing Panel Reinstatement: Common Questions

  • Please can you set out the application procedures to revert back onto the Cynergy Bank conveyancing panel?
  • How long does the application process take when applying to be reinstated onto the Cynergy Bank conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Cynergy Bank conveyancing panel?
  • Is there a fee to revert back onto the Cynergy Bank conveyancing panel?
  • Can we act for Cynergy Bank while the appeal for reinstatement on the Cynergy Bank panel is being processed? How do I know if our reinstatement appeal to the Cynergy Bank panel is accepted?

Top Tip: The best way to avoid the hassle of seeking Cynergy Bank panel reinstatement is to ensure that your firm is not removed off of the Cynergy 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 Cynergy Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Cynergy 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 Cynergy Bank conveyancing panel.

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