Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- Breaches of Scottish Widows conveyancing panel 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.
- Significant non-compliance with post completion requirements on behalf of Scottish Widows
- Recurring 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.
- Missing deadline to reapply to be on the Scottish Widows convincing panel
Scottish Widows panel reinstatement: Five Common Questions
- Can you outline the application process to be reinstated onto the Scottish Widows conveyancing panel?
- Am I restricted as to the number of times my practice can submit applications to be reinstated on the Scottish Widows conveyancing panel?
- Are you able to explain why our application for reinstatement is turned down?
- How long does the application process take when applying to be reinstated onto the Scottish Widows conveyancing panel?
- Is there a fee 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.