Removal from the Danske Bank and other lender panels: Why they do it and how to get reinstated
- Danske 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.
- Missing deadline to reapply to remain on the Danske Bank convincing panel
- Recurring 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.
- 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 subscribe.
- Breaches of Danske Bank conveyancing panel Terms and Conditions
How can we assist? Danske Bank panel reinstatement questions
- Does my practice need to apply annually to be reinstated on the Danske Bank conveyancing panel?
- Can this firm act for Danske Bank while the appeal for reinstatement on the Danske Bank panel is being reviewed? How do I discover if our reinstatement appeal to the Danske Bank panel is accepted?
- Are you able to explain why our application for reinstatement was refused?
- How long does the application process take when applying to be reinstated onto the Danske Bank conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Danske Bank 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.