Removal from the Chesham Building Society and other lender panels: Why they do it and how to get reinstated
- Breaches of Chesham Building Society conveyancing panel requirements
- Missing deadline to reapply to remain on the Chesham Building Society convincing panel
- Your law firm no longer meets the criteria to remain on the Chesham Building Society conveyancing panel
- Chesham 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.
- Failure to act in accordance with the Chesham Building Society panel requirements, 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.
Top questions concerning Chesham Building Society panel reinstatement
- What times frames are involved when applying to be reinstated onto the Chesham Building Society conveyancing panel?
- Is there a charge to revert back onto the Chesham Building Society conveyancing panel?
- Am I restricted as to the number of occasions my practice can apply to be reinstated on the Chesham Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Chesham Building Society panel ?
- To what extent is my firm permanently excluded if our reinstatement panel application with Chesham Building Society is rejected?
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.