Removal from the Lloyds TSB Scotland and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of Lloyds TSB Scotland
- Failure to act in accordance with the Lloyds TSB Scotland panel requirements, the written instructions that Lloyds TSB Scotland give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Lloyds TSB Scotland may subsequently subscribe.
- Your law firm no longer meets the criteria to remain on the Lloyds TSB Scotland conveyancing panel
- Lloyds TSB Scotland 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.
- Breaches of Lloyds TSB Scotland conveyancing panel Terms and Conditions
Top questions concerning Lloyds TSB Scotland panel reinstatement
- What happens 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?
- What times frames are involved when applying to revert back onto the Lloyds TSB Scotland conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel submission with Lloyds TSB Scotland is turned down?
- Who should sign the reinstatement application to the Lloyds TSB Scotland panel ?
- Am I restricted as to the amount of times my firm can apply to be reinstated on 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 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 Lloyds TSB Scotland conveyancing panel.