Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to be on the Secure Trust Bank convincing panel
  • Significant delays in post completion requirements on behalf of Secure Trust Bank
  • Breaches of Secure Trust Bank conveyancing panel Terms and Conditions
  • Non-compliance with the Secure Trust Bank panel requirements, the written instructions that Secure Trust Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Secure Trust Bank may subsequently subscribe.
  • Secure Trust Bank 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.

Secure Trust Bank panel reinstatement: Five Common Questions

  • What is the application protocol to be reinstated onto the Secure Trust Bank conveyancing panel?
  • Am I restricted as to the number of occasions my firm can submit applications to be reinstated on the Secure Trust Bank conveyancing panel?
  • Is it the practice manager who is required to sign the reinstatement application to the Secure Trust Bank panel ?
  • Are you able to explain why our application for reinstatement was rejected?
  • Is there a fee to be reinstated onto the Secure Trust Bank conveyancing panel?

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 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 Secure Trust Bank conveyancing panel.

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