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
  • Your law firm no longer meets the criteria to remain on the Yorkshire Bank conveyancing panel
  • Failure to reapply to be on the Yorkshire Bank convincing panel
  • Failure to act in accordance with the Yorkshire Bank panel requirements, 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.
  • Persistent 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.

Answers to Frequently asked questions concerning Yorkshire Bank panel reinstatement

  • Does the COLP in my firm need to complete the reinstatement application to the Yorkshire Bank panel ?
  • Is there a limit to the amount of occasions my law firm can apply to get back on the Yorkshire Bank conveyancing panel?
  • Does my practice need to apply annually to remain on the Yorkshire Bank conveyancing panel?
  • What are our options if my firm’s reinstatement panel application with Yorkshire Bank is turned down?
  • Can you outline the application procedures to revert back onto the Yorkshire Bank conveyancing panel?

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 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 Yorkshire Bank conveyancing panel.

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