Removal from the National Westminster Bank and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the National Westminster Bank convincing panel
- 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.
- Non-compliance 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 adopt.
- Your practice no longer meets the criteria to remain on the National Westminster Bank conveyancing panel
- Persistent delays in post completion requirements set by National Westminster Bank
FAQs : National Westminster Bank Conveyancing panel reinstatement
- Can we act for National Westminster Bank while the application for reinstatement on the National Westminster Bank panel is being reviewed? How do I discover if our reinstatement application to the National Westminster Bank panel is approved?
- How long does the application process take when applying to revert back onto the National Westminster Bank conveyancing panel?
- Am I restricted as to the amount of occasions my firm can submit applications to be reinstated on the National Westminster Bank conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with National Westminster Bank is refused?
- Who should complete the reinstatement application to the National Westminster Bank 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.