Removal from the National Westminster Bank and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of National Westminster Bank
- 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 adopt.
- Breaches of National Westminster Bank conveyancing panel Terms and Conditions
- 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.
- Your practice fails to meet the criteria to remain on the National Westminster Bank conveyancing panel
National Westminster Bank panel reinstatement : You have questions, we have answers
- Can this firm act for National Westminster Bank while the appeal for reinstatement on the National Westminster Bank panel is being progressed? How do I discover if our reinstatement appeal to the National Westminster Bank panel is accepted?
- Can you outline the application procedures to be reinstated onto the National Westminster Bank conveyancing panel?
- Is there a charge to revert back onto the National Westminster Bank conveyancing panel?
- What are the next steps open to me if our National Westminster Bank panel reinstatement application is turned down and our client has a mortgage offer with the National Westminster Bank?
- How do I discover why our application for reinstatement is refused?
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.