Removal from the Cambridge Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Cambridge Building Society convincing 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.
- 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 adopt.
- Your law firm no longer meets the criteria to remain on the Cambridge Building Society conveyancing panel
- 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.
Questions Cambridge Building Society panel reinstatement firms ask us
- Is there a limit to the number of times my law firm can apply to get back on the Cambridge Building Society conveyancing panel?
- How often will this firm be required to re-apply to remain on the Cambridge Building Society conveyancing panel?
- How long does the application process take when applying to revert back onto the Cambridge Building Society conveyancing panel?
- What are the next steps open to me if our Cambridge Building Society panel reinstatement application is refused and our client has a mortgage application with the Cambridge Building Society?
- Is it the practice manager who is required to complete 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.