Removal from the National Westminster Bank and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Recurring non-compliance with post completion requirements on behalf of National Westminster Bank
- Missing deadline to reapply to remain on the National Westminster Bank convincing panel
- Breaches of National Westminster Bank conveyancing panel requirements
- Your firm no longer meets the criteria to remain on the National Westminster Bank conveyancing panel
Answers to Frequently asked questions concerning National Westminster Bank panel reinstatement
- Is there a charge to revert back onto the National Westminster Bank conveyancing panel?
- How do I discover why my firm’s application for reinstatement was rejected?
- What times frames are involved when applying to revert back onto the National Westminster Bank conveyancing panel?
- Does my practice need to apply annually to be reinstated on the National Westminster Bank conveyancing panel?
- Am I restricted as to the amount of times my law firm can submit applications to be reinstated on 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 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 National Westminster Bank conveyancing panel.