Removal from the Chelsea Building Society and other lender panels: Why they do it and how to get reinstated

  • Chelsea 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.
  • Recurring delays in registering a charge on behalf of Chelsea Building Society Delays or failure to register the Chelsea Building Society charge may result in referral to external lawyers of Chelsea Building Society to complete outstanding requirements.
  • Failure to reapply to be on the Chelsea Building Society convincing panel
  • Your practice no longer meets the criteria to remain on the Chelsea Building Society conveyancing panel
  • Breaches of Chelsea Building Society conveyancing panel Terms and Conditions

How can we assist? Chelsea Building Society panel reinstatement questions

  • How long does the application process take when applying to revert back onto the Chelsea Building Society conveyancing panel?
  • Is there a charge to be reinstated onto the Chelsea Building Society conveyancing panel?
  • Can we act for Chelsea Building Society while the application for reinstatement on the Chelsea Building Society panel is being assessed? How do I discover if our reinstatement appeal to the Chelsea Building Society panel is accepted?
  • What are the next steps open to me if our Chelsea Building Society panel reinstatement application is declined and our client has a mortgage offer with the Chelsea Building Society?
  • Can you outline the application process to be reinstated onto the Chelsea Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Chelsea Building Society panel reinstatement is to ensure that your firm is not removed off of the Chelsea 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 Chelsea Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Chelsea 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 Chelsea Building Society conveyancing panel.

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