Removal from the TSB and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to remain on the TSB convincing panel
- 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.
- Your practice no longer meets the criteria to remain on the TSB conveyancing panel
- Recurring delays in post completion requirements set by TSB
TSB panel reinstatement : You have questions, we have answers
- How do I discover why our application for reinstatement was refused?
- Do any avenues remain open if our reinstatement panel application with TSB is rejected?
- Is there a limit to the amount of occasions my law firm can submit applications to be reinstated on the TSB conveyancing panel?
- What are the consequences if our TSB panel reinstatement application is turned down and the client of the firm has a mortgage offer with the TSB?
- How often will this firm be required to re-apply to be reinstated on 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.