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

  • Your practice fails to meet the criteria to remain on the Danske Bank conveyancing panel
  • Non-compliance with the Danske Bank panel terms, 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.
  • Persistent non-compliance with post completion requirements set by Danske Bank
  • Significant delays in registering a charge 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.
  • Failure to reapply to remain on the Danske Bank convincing panel

Frequently asked questions concerning Danske Bank panel reinstatement

  • Can this firm act for Danske Bank while the application for reinstatement on the Danske Bank panel is being reviewed? How do I know if our reinstatement application to the Danske Bank panel is accepted?
  • Does the COLP in my firm need to sign the reinstatement application to the Danske Bank panel ?
  • What are the consequences if our Danske Bank panel reinstatement application is turned down and our client has a mortgage application with the Danske Bank?
  • What is the application protocol to revert back onto the Danske Bank conveyancing panel?
  • Is there a limit to the amount of occasions my law firm can apply to be reinstated on 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 appointed 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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