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 requirements, 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 subscribe.
- 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.
- Breaches of Beverley Building Society conveyancing panel Terms and Conditions
- Persistent non-compliance with post completion requirements set by Beverley Building Society
- Significant 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.
How can we assist? Beverley Building Society panel reinstatement questions
- Does the COLP in my firm need to sign the reinstatement application to the Beverley Building Society panel ?
- Does my practice need to apply annually to remain on the Beverley Building Society conveyancing panel?
- What are the next steps open to me if our Beverley Building Society panel reinstatement application is refused and our client has a mortgage offer with the Beverley Building Society?
- To what extent is my firm permanently excluded if our reinstatement panel application with Beverley Building Society is refused?
- Can you outline the application process to be reinstated onto the Beverley Building Society conveyancing panel?
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.