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 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 adopt.
  • Breaches of Beverley Building Society conveyancing panel requirements
  • Your firm no longer meets the criteria to remain on the Beverley Building Society conveyancing panel
  • Missing deadline to reapply to be on the Beverley Building Society convincing panel

Beverley Building Society panel reinstatement : You have questions, we have answers

  • Can this firm act for Beverley Building Society while the application for reinstatement on the Beverley Building Society panel is being reviewed? How do I discover if our reinstatement application to the Beverley Building Society panel is approved?
  • Can you outline the application procedures to revert back onto the Beverley Building Society conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Beverley Building Society conveyancing panel?
  • Do any avenues remain open if our reinstatement panel submission with Beverley Building Society is declined?
  • Does the COLP in my firm need to sign the reinstatement application to the Beverley Building Society 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.

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