Removal from the Cambridge Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Cambridge Building Society
- Breaches of Cambridge Building Society conveyancing panel Terms and Conditions
- Non-compliance with the Cambridge Building Society panel requirements, the written instructions that Cambridge Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Cambridge Building Society may subsequently subscribe.
- Recurring delays in registering security 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.
- 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.
Answers to Frequently asked questions concerning Cambridge Building Society panel reinstatement
- What will happen if our Cambridge Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Cambridge Building Society?
- Can you outline the application procedures to be reinstated onto the Cambridge Building Society conveyancing panel?
- Is it possible to find out our application for reinstatement was declined?
- What are our options if our reinstatement panel submission with Cambridge Building Society is refused?
- Can this firm act for Cambridge Building Society while the application for reinstatement on the Cambridge Building Society panel is being assessed? How do I discover if our reinstatement application to the Cambridge Building Society panel is accepted?
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 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 Cambridge Building Society conveyancing panel.