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

  • Your law firm fails to meet the criteria to remain on the TSB conveyancing panel
  • Recurring 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.
  • Non-compliance with the TSB panel terms, the written instructions that TSB give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which TSB may subsequently subscribe.
  • Significant non-compliance with post completion requirements set by TSB
  • Breaches of TSB conveyancing panel requirements

Frequently asked questions concerning TSB panel reinstatement

  • What times frames are involved when applying to be reinstated onto the TSB conveyancing panel?
  • Can we act for TSB while the appeal for reinstatement on the TSB panel is being progressed? How do I discover if our reinstatement application to the TSB panel is approved?
  • Is there a charge to revert back onto the TSB conveyancing panel?
  • Is there a limit to the number of times my firm can apply to be reinstated on the TSB conveyancing panel?
  • 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.

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