Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of Secure Trust Bank conveyancing panel requirements
- Missing deadline to reapply to be on the Secure Trust Bank convincing panel
- 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.
- Persistent non-compliance with post completion requirements set by Secure Trust Bank
- Your practice no longer meets the criteria to remain on the Secure Trust Bank conveyancing panel
Answers to Frequently asked questions concerning Secure Trust Bank panel reinstatement
- Is it possible to find out my firm’s application for reinstatement was turned down?
- Does my practice need to apply annually to remain 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?
- Am I restricted as to the amount of times my practice can submit applications to get back on the Secure Trust Bank conveyancing panel?
- What is the application procedures to revert back 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.