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Has your law firm been removed off of the National Westminster Bank property lawyer panel?

There are a number of reasons why a firm would be removed from the National Westminster Bank conveyancing panel. Here are a few:

  1. Persistent 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.
  2. Breaches of National Westminster Bank conveyancing panel Terms and Conditions
  3. Your practice no longer meets the criteria to remain on the National Westminster Bank conveyancing panel
  4. Failure to act in accordance with the National Westminster Bank panel terms, the written instructions that National Westminster Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which National Westminster Bank may subsequently subscribe.
  5. Significant non-compliance with post completion requirements on behalf of National Westminster Bank

Questions National Westminster Bank panel reinstatement firms ask us

  1. What are the consequences if our National Westminster Bank panel reinstatement application is declined and our client has a mortgage offer with the National Westminster Bank?
  2. Does my practice need to apply annually to remain on the National Westminster Bank conveyancing panel?
  3. Is it possible to find out my firm’s application for reinstatement is turned down?
  4. Who should sign the reinstatement application to the National Westminster Bank panel ?
  5. Is there a cost 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.