Removal from the Chesham Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Chesham Building Society conveyancing panel requirements
- 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.
- Your practice fails to meet the criteria to remain on the Chesham Building Society conveyancing panel
- Missing deadline to reapply to be on the Chesham Building Society convincing panel
Top questions concerning Chesham Building Society panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel application with Chesham Building Society is rejected?
- What happens if our Chesham Building Society panel reinstatement application is declined and our client has a mortgage application with the Chesham Building Society?
- Can this firm act for Chesham Building Society while the application for reinstatement on the Chesham Building Society panel is being reviewed? How do I discover if our reinstatement appeal to the Chesham Building Society panel is approved?
- How often will this firm be required to re-apply to be reinstated on the Chesham Building Society conveyancing panel?
- Is there a fee 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 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 Chesham Building Society conveyancing panel.