Removal from the Nedbank and other lender panels: Why they do it and how to get reinstated
- Breaches of Nedbank conveyancing panel requirements
- Non-compliance with the Nedbank panel terms, the written instructions that Nedbank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Nedbank may subsequently adopt.
- Missing deadline to reapply to remain on the Nedbank convincing panel
- Your practice fails to meet the criteria to remain on the Nedbank conveyancing panel
- Recurring delays in post completion requirements set by Nedbank
How can we assist? Nedbank panel reinstatement questions
- Can you outline the application process to revert back onto the Nedbank conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Nedbank panel ?
- What are our options if my firm’s reinstatement panel application with Nedbank is turned down?
- Is there a cost to revert back onto the Nedbank conveyancing panel?
- What happens if our Nedbank panel reinstatement application is refused and our client has a mortgage offer with the Nedbank?
Top Tip: The best way to avoid the hassle of seeking Nedbank panel reinstatement is to ensure that your firm is not removed off of the Nedbank 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 Nedbank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Nedbank 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 Nedbank conveyancing panel.