Removal from the Leek BS and other lender panels: Why they do it and how to get reinstated
- Leek 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.
- Your practice fails to meet the criteria to remain on the Leek BS conveyancing panel
- Breaches of Leek BS conveyancing panel requirements
- Persistent delays in post completion requirements on behalf of Leek BS
- Persistent delays in registering security on behalf of Leek BS Delays or failure to register the Leek BS charge may result in referral to external lawyers of Leek BS to complete outstanding requirements.
Leek BS panel reinstatement : You have questions, we have answers
- Can you outline the application procedures to revert back onto the Leek BS conveyancing panel?
- What times frames are involved when applying to revert back onto the Leek BS conveyancing panel?
- Can we act for Leek BS while the application for reinstatement on the Leek BS panel is being reviewed? How do I find out if our reinstatement application to the Leek BS panel is accepted?
- Is it the practice manager who is required to complete the reinstatement application to the Leek BS panel ?
- Am I restricted as to the number of times my practice can apply to get back on the Leek BS conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Leek BS panel reinstatement is to ensure that your firm is not removed off of the Leek 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 BS conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Leek 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 BS conveyancing panel.