Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering security on behalf of Secure Trust Bank Delays or failure to register the Secure Trust Bank charge may result in referral to external lawyers of Secure Trust Bank to complete outstanding requirements.
- Persistent non-compliance with post completion requirements set by Secure Trust Bank
- Your firm no longer meets the criteria to remain on the Secure Trust Bank conveyancing panel
- Failure to reapply to be on the Secure Trust Bank convincing panel
- Breaches of Secure Trust Bank conveyancing panel requirements
Questions Secure Trust Bank panel reinstatement firms ask us
- Is there a fee to be reinstated onto the Secure Trust Bank conveyancing panel?
- Who should sign the reinstatement application to the Secure Trust Bank panel ?
- Is the door firmly shut if our reinstatement panel application with Secure Trust Bank is turned down?
- What are the next steps open to me if our Secure Trust Bank panel reinstatement application is refused and the client of the firm has a mortgage application with the Secure Trust Bank?
- Are you able to explain why my firm’s application for reinstatement is turned down?
Top Tip: The best way to avoid the hassle of seeking Secure Trust Bank panel reinstatement is to ensure that your firm is not removed off of the Secure Trust Bank 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 Secure Trust Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Secure Trust Bank 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 Secure Trust Bank conveyancing panel.