Removal from the Secure Trust Bank and other lender panels: Why they do it and how to get reinstated

  • Your practice no longer meets the criteria to remain on the Secure Trust Bank conveyancing panel
  • 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.
  • 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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Secure Trust Bank may subsequently adopt.

Questions Secure Trust Bank panel reinstatement firms ask us

  • How often will this firm be required to re-apply to be reinstated on the Secure Trust Bank conveyancing panel?
  • Is there a cost to be reinstated onto the Secure Trust Bank conveyancing panel?
  • How do I discover why our application for reinstatement is refused?
  • Can you outline the application process to be reinstated onto the Secure Trust Bank conveyancing panel?
  • What are our options if our reinstatement panel application with Secure Trust Bank is turned down?

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.

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