Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge 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.
- Your law firm fails to meet the criteria to remain on the Scottish Widows conveyancing panel
- Significant non-compliance with post completion requirements set by Scottish Widows
- Breaches of Scottish Widows conveyancing panel requirements
- Failure to act in accordance with the Scottish Widows panel requirements, the written instructions that Scottish Widows provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Scottish Widows may subsequently adopt.
FAQs : Scottish Widows Conveyancing panel reinstatement
- What will happen if our Scottish Widows panel reinstatement application is declined and our client has a mortgage application with the Scottish Widows?
- Is the door firmly shut if our reinstatement panel application with Scottish Widows is declined?
- How long does the application process take when applying to revert back onto the Scottish Widows conveyancing panel?
- Can this firm act for Scottish Widows while the application for reinstatement on the Scottish Widows panel is being progressed? How do I find out if our reinstatement application to the Scottish Widows panel is accepted?
- How do I discover why our application for reinstatement is turned down?
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.