Removal from the Yorkshire Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements set by Yorkshire Bank
- Breaches of Yorkshire Bank conveyancing panel requirements
- Non-compliance with the Yorkshire Bank panel terms, the written instructions that Yorkshire Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Yorkshire Bank may subsequently adopt.
- Recurring delays in registering a charge on behalf of Yorkshire Bank Delays or failure to register the Yorkshire Bank charge may result in referral to external lawyers of Yorkshire Bank to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the Yorkshire Bank conveyancing panel
Questions Yorkshire Bank panel reinstatement firms ask us
- Does my practice need to apply annually to remain on the Yorkshire Bank conveyancing panel?
- Am I restricted as to the amount of times my law firm can submit applications to be reinstated on the Yorkshire Bank conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Yorkshire Bank conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with Yorkshire Bank is turned down?
- Are you able to explain why our application for reinstatement was rejected?
Top Tip: The best way to avoid the hassle of seeking Yorkshire Bank panel reinstatement is to ensure that your firm is not removed off of the Yorkshire 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 Yorkshire Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Yorkshire 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 Yorkshire Bank conveyancing panel.