Removal from the Danske Bank and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Danske Bank
- Breaches of Danske Bank conveyancing panel requirements
- 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.
- 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 subscribe.
- Failure to reapply to remain on the Danske Bank convincing panel
Danske Bank Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to revert back onto the Danske Bank conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Danske Bank panel ?
- How often will this firm be required to re-apply to be reinstated on the Danske Bank conveyancing panel?
- Can you outline the application protocol to revert back onto the Danske Bank conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is turned down?
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.