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
- Breaches of Reliance Bank conveyancing panel Terms and Conditions
- Reliance Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Persistent delays in registering a charge 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.
- Significant delays in post completion requirements set by Reliance Bank
FAQs : Reliance Bank Conveyancing panel reinstatement
- Please can you set out the application process to be reinstated onto the Reliance Bank conveyancing panel?
- What times frames are involved when applying to revert back onto the Reliance Bank conveyancing panel?
- What are the consequences if our Reliance Bank panel reinstatement application is declined and the client of the firm has a mortgage offer with the Reliance Bank?
- Is there a cost to be reinstated onto the Reliance Bank conveyancing panel?
- Am I restricted as to the number of times my law firm can submit applications to get back 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 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.