Removal from the Leek BS and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements set by Leek BS
- 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.
- Leek BS 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.
- Breaches of Leek BS conveyancing panel requirements
- Failure to reapply to be on the Leek BS convincing panel
Common questions about Leek BS conveyancing panel reinstatement
- Is it the practice manager who is required to complete the reinstatement application to the Leek BS panel ?
- Is there a limit to the amount of occasions my law firm can apply to be reinstated on the Leek BS conveyancing panel?
- Can we act for Leek BS while the appeal for reinstatement on the Leek BS panel is being reviewed? How do I know if our reinstatement application to the Leek BS panel is approved?
- Does my practice need to apply annually to be reinstated on the Leek BS conveyancing panel?
- What are the next steps open to me if our Leek BS panel reinstatement application is rejected and our client has a mortgage application with the Leek BS?
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.