Removal from the Beverley Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements set by Beverley Building Society
- Non-compliance 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.
- Significant delays in registering a charge 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.
- Your firm no longer meets 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.
Common questions about Beverley Building Society conveyancing panel reinstatement
- Am I restricted as to the amount of times my practice can submit applications to be reinstated on the Beverley Building Society conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Beverley Building Society is refused?
- Who should sign the reinstatement application to the Beverley Building Society panel ?
- Can we act for Beverley Building Society while the application for reinstatement on the Beverley Building Society panel is being processed? How do I know if our reinstatement application to the Beverley Building Society panel is approved?
- Is it possible to find out this practice’s application for reinstatement was declined?
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 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 Beverley Building Society conveyancing panel.