Removal from the Lloyds TSB Scotland and other lender panels: Why they do it and how to get reinstated

  • Lloyds TSB Scotland 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.
  • Recurring delays in registering security on behalf of Lloyds TSB Scotland Delays or failure to register the Lloyds TSB Scotland charge may result in referral to external lawyers of Lloyds TSB Scotland to complete outstanding requirements.
  • Failure to reapply to be on the Lloyds TSB Scotland convincing panel
  • Your firm no longer meets the criteria to remain on the Lloyds TSB Scotland conveyancing panel
  • Breaches of Lloyds TSB Scotland conveyancing panel requirements

Common questions about Lloyds TSB Scotland conveyancing panel reinstatement

  • Does the COLP in my firm need to complete the reinstatement application to the Lloyds TSB Scotland panel ?
  • Can this firm act for Lloyds TSB Scotland while the appeal for reinstatement on the Lloyds TSB Scotland panel is being processed? How do I discover if our reinstatement application to the Lloyds TSB Scotland panel is approved?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Lloyds TSB Scotland is refused?
  • Am I restricted as to the amount of times my practice can submit applications to get back on the Lloyds TSB Scotland conveyancing panel?
  • Can you outline the application process to revert back onto the Lloyds TSB Scotland conveyancing panel?

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

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