Removal from the TSB and other lender panels: Why they do it and how to get reinstated
- Significant non-compliance with post completion requirements set by TSB
- Persistent delays in registering security on behalf of TSB Delays or failure to register the TSB charge may result in referral to external lawyers of TSB to complete outstanding requirements.
- Failure to reapply to be on the TSB convincing panel
- Your firm fails to meet the criteria to remain on the TSB conveyancing panel
- TSB 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.
TSB panel reinstatement : You have questions, we have answers
- What times frames are involved when applying to be reinstated onto the TSB conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with TSB is declined?
- What will happen if our TSB panel reinstatement application is rejected and our client has a mortgage offer with the TSB?
- Is it possible to find out my firm’s application for reinstatement is rejected?
- Is there a cost to be reinstated onto the TSB conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking TSB panel reinstatement is to ensure that your firm is not removed off of the TSB 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 TSB conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to TSB directly or via their appointed 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 TSB conveyancing panel.