Reliance Bank Panel Reinstatement - Help is at Hand

Has your firm been removed from the Reliance Bank conveyancing panel due to the following reasons?

  1. Recurring delays in post completion requirements on behalf of Reliance Bank
  2. Missing deadline to reapply to remain on the Reliance Bank convincing panel
  3. Your firm no longer meets the criteria to remain on the Reliance Bank conveyancing panel
  4. Recurring delays in registering security on behalf of Reliance Bank Delays or failure to register the Reliance Bank charge may result in referral to external lawyers of Reliance Bank to complete outstanding requirements.
  5. Reliance 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.

Top questions concerning Reliance Bank panel reinstatement

  1. What will happen if our Reliance Bank panel reinstatement application is turned down and our client has a mortgage application with the Reliance Bank?
  2. Can this firm act for Reliance Bank while the application for reinstatement on the Reliance Bank panel is being progressed? How do I discover if our reinstatement appeal to the Reliance Bank panel is approved?
  3. Is there a limit to the number of times my law firm can submit applications to be reinstated on the Reliance Bank conveyancing panel?
  4. Is it possible to find out my firm’s application for reinstatement is turned down?
  5. Does my practice need to apply annually to be reinstated on the Reliance Bank conveyancing panel?

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