Removal from the National Westminster Bank and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the National Westminster Bank conveyancing panel
- Failure to reapply to remain on the National Westminster Bank convincing panel
- Recurring delays in registering a charge 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.
- Failure to act in accordance with the National Westminster Bank panel requirements, the written instructions that National Westminster Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which National Westminster Bank may subsequently subscribe.
- Recurring non-compliance with post completion requirements set by National Westminster Bank
Common queries about National Westminster Bank conveyancing panel reinstatement
- Is there a charge to be reinstated onto the National Westminster Bank conveyancing panel?
- Can we act for National Westminster Bank while the application for reinstatement on the National Westminster Bank panel is being progressed? How do I find out if our reinstatement application to the National Westminster Bank panel is approved?
- Is it possible to find out my firm’s application for reinstatement is turned down?
- Do any avenues remain open if our reinstatement panel submission with National Westminster Bank is turned down?
- Does my practice need to apply annually to remain 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 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.