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

  • Persistent 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.
  • Persistent non-compliance with post completion requirements on behalf of Lloyds TSB Scotland
  • Breaches of Lloyds TSB Scotland conveyancing panel Terms and Conditions
  • Non-compliance with the Lloyds TSB Scotland panel terms, the written instructions that Lloyds TSB Scotland provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Lloyds TSB Scotland may subsequently adopt.
  • Missing deadline to reapply to remain on the Lloyds TSB Scotland convincing panel

Lloyds TSB Scotland panel reinstatement : You have questions, we have answers

  • Does the COLP in my firm need to sign the reinstatement application to the Lloyds TSB Scotland panel ?
  • Can we act for Lloyds TSB Scotland while the application for reinstatement on the Lloyds TSB Scotland panel is being assessed? How do I know if our reinstatement application to the Lloyds TSB Scotland panel is accepted?
  • Is the door firmly shut if our reinstatement panel submission with Lloyds TSB Scotland is rejected?
  • What will happen if our Lloyds TSB Scotland panel reinstatement application is rejected and the client of the firm has a mortgage application with the Lloyds TSB Scotland?
  • Are you able to explain why this practice’s application for reinstatement was turned down?

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.

Related Pages