Removal from the Beverley Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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.
- 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 requirements
- Significant non-compliance with post completion requirements on behalf of Beverley Building Society
- Your practice no longer meets the criteria to remain on the Beverley Building Society conveyancing panel
Common questions about Beverley Building Society conveyancing panel reinstatement
- Can we act for Beverley Building Society while the application for reinstatement on the Beverley Building Society panel is being progressed? How do I know if our reinstatement application to the Beverley Building Society panel is accepted?
- Please can you set out the application protocol to revert back onto the Beverley Building Society conveyancing panel?
- Are you able to explain why our application for reinstatement was rejected?
- Is there a limit to the number of times my firm can submit applications to get back on the Beverley Building Society conveyancing panel?
- What are our options if my firm’s reinstatement panel submission with Beverley Building Society is 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 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.