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

  • Significant delays in post completion requirements set by DB UK Bank
  • Your firm no longer meets the criteria to remain on the DB UK Bank conveyancing panel
  • Breaches of DB UK Bank conveyancing panel Terms and Conditions
  • Non-compliance with the DB UK Bank panel terms, 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 provides false answers in its application form or in relation to any future requests for information.

Frequently asked questions concerning DB UK Bank panel reinstatement

  • Does my practice need to apply annually to be reinstated on the DB UK Bank conveyancing panel?
  • Please can you set out the application procedures to be reinstated onto the DB UK Bank conveyancing panel?
  • Who should sign the reinstatement application to the DB UK Bank panel ?
  • What times frames are involved when applying to be reinstated onto the DB UK Bank conveyancing panel?
  • What are the next steps open to me if our DB UK Bank panel reinstatement application is refused and the client of the firm has a mortgage offer with the DB UK Bank?

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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