Removal from the National Westminster Bank and other lender panels: Why they do it and how to get reinstated
- National Westminster Bank 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.
- Missing deadline to reapply to remain on the National Westminster Bank convincing panel
- Persistent delays in post completion requirements set by National Westminster Bank
- Your law firm no longer meets the criteria to remain on the National Westminster Bank conveyancing panel
- Recurring delays in registering security on behalf of National Westminster Bank Delays or failure to register the National Westminster Bank charge may result in referral to external lawyers of National Westminster Bank to complete outstanding requirements.
Top questions concerning National Westminster Bank panel reinstatement
- Is there a fee to revert back onto the National Westminster Bank conveyancing panel?
- Am I restricted as to the number of occasions my law firm can apply to be reinstated on the National Westminster Bank conveyancing panel?
- How do I discover why this practice’s application for reinstatement was turned down?
- What happens if our National Westminster Bank panel reinstatement application is declined and our client has a mortgage application with the National Westminster Bank?
- How long does the application process take when applying to revert back onto the National Westminster Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking National Westminster Bank panel reinstatement is to ensure that your firm is not removed off of the National Westminster Bank 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 National Westminster Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to National Westminster Bank 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 National Westminster Bank conveyancing panel.