Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to remain on the Secure Trust Bank convincing panel
- Breaches of Secure Trust Bank conveyancing panel Terms and Conditions
- Significant delays in registering a charge 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.
- Your law firm fails to meet the criteria to remain on the Secure Trust Bank conveyancing panel
Secure Trust Bank Conveyancing Panel Reinstatement: Common Questions
- Does the COLP in my firm need to sign the reinstatement application to the Secure Trust Bank panel ?
- What is the application process to revert back onto the Secure Trust Bank conveyancing panel?
- Can this firm act for Secure Trust Bank while the appeal for reinstatement on the Secure Trust Bank panel is being assessed? How do I discover if our reinstatement appeal to the Secure Trust Bank panel is approved?
- Am I restricted as to the number of times my firm can apply to be reinstated on the Secure Trust Bank conveyancing panel?
- How long does the application process take when applying 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 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.