Removal from the Chesham Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Chesham Building Society conveyancing panel
- Non-compliance with the Chesham Building Society panel terms, the written instructions that Chesham Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Chesham Building Society may subsequently subscribe.
- Significant 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.
- 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.
- Failure to reapply to remain on the Chesham Building Society convincing panel
Common questions about Chesham Building Society conveyancing panel reinstatement
- 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 find out if our reinstatement application to the Chesham Building Society panel is approved?
- Does the COLP in my firm need to sign the reinstatement application to the Chesham Building Society panel ?
- What times frames are involved when applying to revert back onto the Chesham Building Society conveyancing panel?
- Is there a fee to revert back onto the Chesham Building Society conveyancing panel?
- What happens if our Chesham Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Chesham Building Society?
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.