Removal from the Leek BS and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Leek BS convincing panel
- Significant non-compliance with post completion requirements on behalf of Leek BS
- Non-compliance with the Leek BS panel terms, the written instructions that Leek BS give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Leek BS may subsequently adopt.
- Significant delays in registering a charge 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.
- Your practice fails to meet the criteria to remain on the Leek BS conveyancing panel
How can we assist? Leek BS panel reinstatement questions
- Who should sign the reinstatement application to the Leek BS panel ?
- Is there a cost to be reinstated onto the Leek BS conveyancing panel?
- Can this firm act for Leek BS while the application for reinstatement on the Leek BS panel is being processed? How do I know if our reinstatement application to the Leek BS panel is accepted?
- Am I restricted as to the number of occasions my firm can apply to get back on the Leek BS conveyancing panel?
- What is the application process to be reinstated onto 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.