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

  • Recurring non-compliance with post completion requirements set by DB UK Bank
  • Significant delays in registering a charge on behalf of DB UK Bank Delays or failure to register the DB UK Bank charge may result in referral to external lawyers of DB UK Bank to complete outstanding requirements.
  • Failure to act in accordance with the DB UK Bank panel terms, the written instructions that DB UK Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which DB UK Bank may subsequently adopt.
  • Breaches of DB UK Bank conveyancing panel Terms and Conditions
  • 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.

Answers to Frequently asked questions concerning DB UK Bank panel reinstatement

  • What is the application procedures to be reinstated onto the DB UK Bank conveyancing panel?
  • Is it the practice manager who is required to sign the reinstatement application to the DB UK Bank panel ?
  • How often will this firm be required to re-apply to be reinstated on the DB UK Bank conveyancing panel?
  • Is there a fee to revert back onto the DB UK Bank conveyancing panel?
  • Is the door firmly shut if our reinstatement panel submission with DB UK Bank is declined?

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 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 DB UK Bank conveyancing panel.

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