Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements on behalf of Scottish Widows
- Your firm no longer meets the criteria to remain on the Scottish Widows conveyancing panel
- Persistent 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.
- Scottish Widows 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.
- Breaches of Scottish Widows conveyancing panel requirements
How can we assist? Scottish Widows panel reinstatement questions
- What are the consequences if our Scottish Widows panel reinstatement application is rejected and our client has a mortgage application with the Scottish Widows?
- Am I restricted as to the amount of occasions my law firm can submit applications to get back on the Scottish Widows conveyancing panel?
- Does my practice need to apply annually to remain on the Scottish Widows conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement is declined?
- Is there a cost to revert back onto the Scottish Widows conveyancing 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 appointed 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.