Removal from the Beverley Building Society and other lender panels: Why they do it and how to get reinstated
- Beverley Building Society 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.
- Failure to reapply to remain on the Beverley Building Society convincing panel
- Persistent delays in registering security on behalf of Beverley Building Society Delays or failure to register the Beverley Building Society charge may result in referral to external lawyers of Beverley Building Society to complete outstanding requirements.
- Breaches of Beverley Building Society conveyancing panel Terms and Conditions
- Non-compliance with the Beverley Building Society panel terms, the written instructions that Beverley Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Beverley Building Society may subsequently adopt.
Answers to Frequently asked questions concerning Beverley Building Society panel reinstatement
- Is there a fee to revert back onto the Beverley Building Society conveyancing panel?
- Can this firm act for Beverley Building Society while the appeal for reinstatement on the Beverley Building Society panel is being progressed? How do I find out if our reinstatement appeal to the Beverley Building Society panel is approved?
- Does my practice need to apply annually to remain on the Beverley Building Society conveyancing panel?
- How long does the application process take when applying to revert back onto the Beverley Building Society conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Beverley Building Society is rejected?
Top Tip: The best way to avoid the hassle of seeking Beverley Building Society panel reinstatement is to ensure that your firm is not removed off of the Beverley Building Society 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 Beverley Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Beverley Building Society 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 Beverley Building Society conveyancing panel.