The SLC complains that just because a firm doesn’t act for Santander on a regular basis doesn’t mean they are inactive in the wider market.
A spokesperson says: “This latest news is disappointing and will come as a blow to many conveyancers, across the country.
“It is important for lenders to understand that for Licensed Conveyancers, conveyancing is what they do day in and day out - just because they have not acted for Santander regularly does not mean that they have been inactive in acting for home buyers.
“We hope that Santander will recognise the difference between Licensed Conveyancers and solicitors in this respect and will take this into account when making any future decisions regarding the size and shape of its panel.”
