Removal from the Leek BS and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Leek BS convincing panel
- Failure to act in accordance with the Leek BS panel terms, the written instructions that Leek BS provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Leek BS may subsequently subscribe.
- Breaches of Leek BS conveyancing panel Terms and Conditions
- 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.
- Significant delays in post completion requirements on behalf of Leek BS
Frequently asked questions concerning Leek BS panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the Leek BS panel ?
- How long does the application process take when applying to revert back onto the Leek BS conveyancing panel?
- Can you outline the application protocol to revert back onto the Leek BS conveyancing panel?
- What are our options if our reinstatement panel submission with Leek BS is turned down?
- Is there a limit to the number of times my firm 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 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 Leek BS conveyancing panel.