Removal from the Scottish Widows and other lender panels: Why they do it and how to get reinstated
- Significant non-compliance with post completion requirements on behalf of Scottish Widows
- Missing deadline to reapply to remain on the Scottish Widows convincing 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.
- 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.
- Your law firm no longer meets the criteria to remain on the Scottish Widows conveyancing panel
Questions Scottish Widows panel reinstatement firms ask us
- Does my practice need to apply annually to remain on the Scottish Widows conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Scottish Widows panel ?
- Is there a charge to revert back onto the Scottish Widows conveyancing panel?
- What times frames are involved when applying to revert back onto the Scottish Widows conveyancing panel?
- Can we act for Scottish Widows while the appeal for reinstatement on the Scottish Widows panel is being processed? How do I find out if our reinstatement appeal to the Scottish Widows panel is approved?
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.