Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Secure Trust Bank conveyancing panel
- 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 adopt.
- 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.
- Missing deadline to reapply to remain on the Secure Trust Bank convincing panel
How can we assist? Secure Trust Bank panel reinstatement questions
- Is it the practice manager who is required to sign the reinstatement application to the Secure Trust Bank panel ?
- Can we appeal if this practice’s application for reinstatement was turned down?
- Can we act for Secure Trust Bank while the appeal for reinstatement on the Secure Trust Bank panel is being reviewed? How do I know if our reinstatement application to the Secure Trust Bank panel is accepted?
- What times frames are involved when applying to be reinstated onto the Secure Trust Bank conveyancing panel?
- Is there a limit to the number of occasions 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.