Removal from the Cambridge Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge on behalf of Cambridge Building Society Delays or failure to register the Cambridge Building Society charge may result in referral to external lawyers of Cambridge Building Society to complete outstanding requirements.
- Breaches of Cambridge Building Society conveyancing panel requirements
- Missing deadline to reapply to be on the Cambridge Building Society convincing panel
- Persistent delays in post completion requirements set by Cambridge Building Society
- Cambridge 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.
Cambridge Building Society panel reinstatement: Five Common Questions
- What times frames are involved when applying to revert back onto the Cambridge Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Cambridge Building Society panel ?
- Can we act for Cambridge Building Society while the application for reinstatement on the Cambridge Building Society panel is being progressed? How do I find out if our reinstatement appeal to the Cambridge Building Society panel is approved?
- Am I restricted as to the amount of times my law firm can submit applications to be reinstated on the Cambridge Building Society conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is turned down?
Top Tip: The best way to avoid the hassle of seeking Cambridge Building Society panel reinstatement is to ensure that your firm is not removed off of the Cambridge 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 Cambridge Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Cambridge 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 Cambridge Building Society conveyancing panel.