Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Secure Trust Bank conveyancing panel
- Missing deadline to reapply to remain on the Secure Trust Bank convincing panel
- Breaches of Secure Trust Bank conveyancing panel requirements
- Secure Trust Bank may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Recurring delays in post completion requirements set by Secure Trust Bank
Top questions concerning Secure Trust Bank panel reinstatement
- Can we act for Secure Trust Bank while the appeal for reinstatement on the Secure Trust Bank panel is being processed? How do I discover if our reinstatement application to the Secure Trust Bank panel is approved?
- Can you outline the application process to revert back onto the Secure Trust Bank conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with Secure Trust Bank is declined?
- Is there a cost to revert back onto the Secure Trust Bank conveyancing panel?
- Am I restricted as to the number of times my firm can submit applications to get back on 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.