Removal from the Danske Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of Danske Bank conveyancing panel requirements
- Recurring 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.
- Your law firm fails to meet the criteria to remain on the Danske Bank conveyancing panel
- Danske Bank may terminate membership of its conveyancing panel where a firm provides false answers 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
Danske Bank Conveyancing Panel Reinstatement: Common Questions
- Can this firm act for Danske Bank while the application for reinstatement on the Danske Bank panel is being progressed? How do I find out if our reinstatement application to the Danske Bank panel is approved?
- Does the COLP in my firm need to sign the reinstatement application to the Danske Bank panel ?
- Is there a limit to the amount of occasions my law firm can submit applications to be reinstated on the Danske Bank conveyancing panel?
- Is there a cost to revert back onto the Danske Bank conveyancing panel?
- How often will this firm be required to re-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.