Removal from the Bank of Scotland and other lender panels: Why they do it and how to get reinstated

  • Breaches of Bank of Scotland conveyancing panel Terms and Conditions
  • Failure to reapply to remain on the Bank of Scotland convincing panel
  • Persistent non-compliance with post completion requirements on behalf of Bank of Scotland
  • Non-compliance with the Bank of Scotland panel terms, the written instructions that Bank of Scotland provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Bank of Scotland may subsequently subscribe.
  • Your law firm fails to meet the criteria to remain on the Bank of Scotland conveyancing panel

Top questions concerning Bank of Scotland panel reinstatement

  • How often will this firm be required to re-apply to be reinstated on the Bank of Scotland conveyancing panel?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Bank of Scotland is turned down?
  • Is it the practice manager who is required to complete the reinstatement application to the Bank of Scotland panel ?
  • Can this firm act for Bank of Scotland while the appeal for reinstatement on the Bank of Scotland panel is being processed? How do I find out if our reinstatement appeal to the Bank of Scotland panel is accepted?
  • Are you able to explain why our application for reinstatement was rejected?

Top Tip: The best way to avoid the hassle of seeking Bank of Scotland panel reinstatement is to ensure that your firm is not removed off of the Bank of Scotland 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 Bank of Scotland conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Bank of Scotland 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 Bank of Scotland conveyancing panel.

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