Removal from the Cambridge Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Significant non-compliance with post completion requirements on behalf of Cambridge Building Society
- Breaches of Cambridge Building Society conveyancing panel requirements
- Your law firm fails to meet the criteria to remain on the Cambridge Building Society conveyancing panel
- Cambridge Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
Cambridge Building Society panel reinstatement: Five Common Questions
- Can this firm act for Cambridge Building Society while the application for reinstatement on the Cambridge Building Society panel is being processed? How do I know if our reinstatement appeal to the Cambridge Building Society panel is accepted?
- Am I restricted as to the number of times my law firm can submit applications to get back on the Cambridge Building Society conveyancing panel?
- Is there a cost to be reinstated onto the Cambridge Building Society conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement is rejected?
- Please can you set out the application protocol to be reinstated onto the Cambridge Building Society conveyancing 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.