Removal from the Chesham Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Chesham Building Society panel terms, the written instructions that Chesham Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Chesham Building Society may subsequently subscribe.
- Breaches of Chesham Building Society conveyancing panel requirements
- Recurring non-compliance with post completion requirements set by Chesham Building Society
- Chesham 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.
- Recurring delays in registering security on behalf of Chesham Building Society Delays or failure to register the Chesham Building Society charge may result in referral to external lawyers of Chesham Building Society to complete outstanding requirements.
Frequently asked questions concerning Chesham Building Society panel reinstatement
- Does my practice need to apply annually to remain on the Chesham Building Society conveyancing panel?
- Who should complete the reinstatement application to the Chesham Building Society panel ?
- What are our options if my firm’s reinstatement panel application with Chesham Building Society is turned down?
- What will happen if our Chesham Building Society panel reinstatement application is declined and our client has a mortgage offer with the Chesham Building Society?
- Is there a charge to revert back onto the Chesham Building Society conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Chesham Building Society panel reinstatement is to ensure that your firm is not removed off of the Chesham 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 Chesham Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Chesham 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 Chesham Building Society conveyancing panel.