Removal from the Leek United BS and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to remain on the Leek United BS convincing panel
  • Non-compliance with the Leek United BS panel terms, the written instructions that Leek United BS provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Leek United BS may subsequently subscribe.
  • Leek United BS 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.
  • Breaches of Leek United BS conveyancing panel Terms and Conditions
  • Your law firm fails to meet the criteria to remain on the Leek United BS conveyancing panel

Frequently asked questions concerning Leek United BS panel reinstatement

  • Does the COLP in my firm need to complete the reinstatement application to the Leek United BS panel ?
  • Can we appeal if my firm’s application for reinstatement was rejected?
  • Can we act for Leek United BS while the appeal for reinstatement on the Leek United BS panel is being assessed? How do I discover if our reinstatement appeal to the Leek United BS panel is approved?
  • Is there a limit to the number of occasions my firm can submit applications to get back on the Leek United BS conveyancing panel?
  • Does my practice need to apply annually to remain on the Leek United BS conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Leek United BS panel reinstatement is to ensure that your firm is not removed off of the Leek United BS 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 Leek United BS conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Leek United BS 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 Leek United BS conveyancing panel.

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