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

  • Persistent delays in registering security on behalf of Danske Bank Delays or failure to register the Danske Bank charge may result in referral to external lawyers of Danske Bank to complete outstanding requirements.
  • Significant non-compliance with post completion requirements set by Danske Bank
  • Missing deadline to reapply to remain on the Danske Bank convincing panel
  • Breaches of Danske Bank conveyancing panel Terms and Conditions
  • Failure to act in accordance with the Danske Bank panel requirements, the written instructions that Danske Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Danske Bank may subsequently adopt.

Top questions concerning Danske Bank panel reinstatement

  • What will happen if our Danske Bank panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Danske Bank?
  • Is there a limit to the number of times my firm can submit applications to get back on the Danske Bank conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Danske Bank panel ?
  • Can we appeal if my firm’s application for reinstatement was turned down?
  • What times frames are involved when applying to be reinstated onto the Danske Bank conveyancing panel?

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

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