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

  • Breaches of Reliance Bank conveyancing panel Terms and Conditions
  • Failure to reapply to be on the Reliance Bank convincing panel
  • Failure to act in accordance with the Reliance Bank panel terms, the written instructions that Reliance Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Reliance Bank may subsequently subscribe.
  • Your firm no longer meets the criteria to remain on the Reliance Bank conveyancing panel
  • 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.

FAQs : Reliance Bank Conveyancing panel reinstatement

  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Reliance Bank is rejected?
  • What will happen if our Reliance Bank panel reinstatement application is refused and our client has a mortgage application with the Reliance Bank?
  • What times frames are involved when applying to revert back onto the Reliance Bank conveyancing panel?
  • Does the COLP in my firm need to sign the reinstatement application to the Reliance Bank panel ?
  • How do I discover why our application for reinstatement is refused?

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 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 Reliance Bank conveyancing panel.

Related Pages