Removal from the Cambridge Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements set by Cambridge Building Society
- Your law firm no longer meets the criteria to remain on the Cambridge Building Society conveyancing panel
- Persistent 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 Terms and Conditions
- Missing deadline to reapply to be on the Cambridge Building Society convincing panel
Answers to Frequently asked questions concerning Cambridge Building Society panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Cambridge Building Society is declined?
- How long does the application process take when applying to revert back onto the Cambridge Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement is declined?
- Is there a cost to revert back onto the Cambridge Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Cambridge Building Society panel ?
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.