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
- Non-compliance with the Secure Trust Bank panel terms, 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.
- Breaches of Secure Trust Bank conveyancing panel Terms and Conditions
- Significant 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.
- Significant non-compliance with post completion requirements on behalf of Secure Trust Bank
FAQs : Secure Trust Bank Conveyancing panel reinstatement
- What will happen if our Secure Trust Bank panel reinstatement application is refused and our client has a mortgage offer with the Secure Trust Bank?
- Is there a cost to be reinstated onto the Secure Trust Bank conveyancing panel?
- How do I discover why this practice’s application for reinstatement was rejected?
- Am I restricted as to the amount of times my law firm can apply to get back on the Secure Trust Bank conveyancing panel?
- What are our options if our reinstatement panel submission with Secure Trust Bank is rejected?
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.