Removal from the Beverley Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Beverley Building Society panel terms, the written instructions that Beverley Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Beverley Building Society may subsequently adopt.
- Breaches of Beverley Building Society conveyancing panel requirements
- Your law firm fails to meet the criteria to remain on the Beverley Building Society conveyancing panel
- Beverley Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to reapply to be on the Beverley Building Society convincing panel
FAQs : Beverley Building Society Conveyancing panel reinstatement
- Who should complete the reinstatement application to the Beverley Building Society panel ?
- How often will this firm be required to re-apply to remain on the Beverley Building Society conveyancing panel?
- Is there a cost to be reinstated onto the Beverley Building Society conveyancing panel?
- Can we act for Beverley Building Society while the application for reinstatement on the Beverley Building Society panel is being assessed? How do I know if our reinstatement appeal to the Beverley Building Society panel is accepted?
- What will happen if our Beverley Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Beverley Building Society?
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.