Removal from the DB UK Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of DB UK Bank conveyancing panel requirements
- Missing deadline to reapply to remain on the DB UK Bank convincing panel
- Non-compliance with the DB UK Bank panel requirements, the written instructions that DB UK Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which DB UK Bank may subsequently adopt.
- DB UK 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.
- Recurring delays in post completion requirements set by DB UK Bank
Common questions about DB UK Bank conveyancing panel reinstatement
- What are our options if my firm’s reinstatement panel submission with DB UK Bank is declined?
- How often will this firm be required to re-apply to be reinstated on the DB UK Bank conveyancing panel?
- Who should sign the reinstatement application to the DB UK Bank panel ?
- Is there a limit to the amount of occasions my firm can apply to be reinstated on the DB UK Bank conveyancing panel?
- Is there a fee to be reinstated onto the DB UK Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking DB UK Bank panel reinstatement is to ensure that your firm is not removed off of the DB UK 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 DB UK Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to DB UK 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 DB UK Bank conveyancing panel.