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

  • Your practice no longer meets the criteria to remain on the Yorkshire Bank conveyancing panel
  • 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.
  • Recurring delays in post completion requirements on behalf of Yorkshire Bank
  • Breaches of Yorkshire Bank conveyancing panel requirements
  • Yorkshire Bank 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.

Top questions concerning Yorkshire Bank panel reinstatement

  • What are the next steps open to me if our Yorkshire Bank panel reinstatement application is declined and our client has a mortgage application with the Yorkshire Bank?
  • How often will this firm be required to re-apply to be reinstated on the Yorkshire Bank conveyancing panel?
  • Am I restricted as to the amount of occasions my law firm can submit applications to get back on the Yorkshire Bank conveyancing panel?
  • Is it the practice manager who is required to complete the reinstatement application to the Yorkshire Bank panel ?
  • Is there a cost to be reinstated 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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