Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Secure Trust Bank conveyancing panel
- 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.
- 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.
- Missing deadline to reapply to remain on the Secure Trust Bank convincing panel
- Significant delays in post completion requirements set by Secure Trust Bank
Common questions about Secure Trust Bank conveyancing panel reinstatement
- What are the consequences if our Secure Trust Bank panel reinstatement application is declined and our client has a mortgage application with the Secure Trust Bank?
- Is there a limit to the amount of times my law firm can submit applications to get back on the Secure Trust Bank conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement was declined?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Secure Trust Bank is turned down?
- Who should complete the reinstatement application to the Secure Trust Bank 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.