Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Scottish Widows convincing panel
- Scottish Widows 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 law firm fails to meet the criteria to remain on the Scottish Widows conveyancing panel
- Persistent delays in registering security on behalf of Scottish Widows Delays or failure to register the Scottish Widows charge may result in referral to external lawyers of Scottish Widows to complete outstanding requirements.
- Failure to act in accordance with the Scottish Widows panel terms, the written instructions that Scottish Widows give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Scottish Widows may subsequently subscribe.
FAQs : Scottish Widows Conveyancing panel reinstatement
- What are the next steps open to me if our Scottish Widows panel reinstatement application is turned down and the client of the firm has a mortgage application with the Scottish Widows?
- Is it possible to find out our application for reinstatement is turned down?
- Am I restricted as to the number of occasions my practice can apply to be reinstated on the Scottish Widows conveyancing panel?
- Can this firm act for Scottish Widows while the appeal for reinstatement on the Scottish Widows panel is being assessed? How do I discover if our reinstatement application to the Scottish Widows panel is approved?
- Who should complete the reinstatement application to the Scottish Widows panel ?
Top Tip: The best way to avoid the hassle of seeking Scottish Widows panel reinstatement is to ensure that your firm is not removed off of the Scottish Widows 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 Scottish Widows conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Scottish Widows 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 Scottish Widows conveyancing panel.