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

  • Failure to reapply to remain on the Reliance Bank convincing panel
  • Recurring non-compliance with post completion requirements set by Reliance Bank
  • 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.
  • Your practice fails to meet the criteria to remain on the Reliance Bank conveyancing panel
  • 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.

Common queries about Reliance Bank conveyancing panel reinstatement

  • How long does the application process take when applying to revert back onto the Reliance Bank conveyancing panel?
  • What will happen if our Reliance Bank panel reinstatement application is declined and the client of the firm has a mortgage offer with the Reliance Bank?
  • Am I restricted as to the amount of times my practice can apply to be reinstated on the Reliance Bank conveyancing panel?
  • Please can you set out the application procedures to revert back onto the Reliance Bank conveyancing panel?
  • Who should sign the reinstatement application to the Reliance Bank 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 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.

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