Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to be on the Scottish Widows convincing panel
- Your firm fails to meet the criteria to remain on the Scottish Widows conveyancing panel
- 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.
- Persistent delays in post completion requirements set by Scottish Widows
Scottish Widows panel reinstatement : questions that we get asked
- What are our options if our reinstatement panel submission with Scottish Widows is rejected?
- Is there a limit to the number of times my firm can apply to be reinstated on the Scottish Widows conveyancing panel?
- What will happen if our Scottish Widows panel reinstatement application is declined and our client has a mortgage offer with the Scottish Widows?
- Does my practice need to apply annually to remain on the Scottish Widows conveyancing panel?
- Is it the practice manager who is required to sign 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 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.