Has your law firm been removed from the Coventry Building Society conveyancing panel?

There are a number of explanations why a firm could be removed from the Coventry Building Society conveyancing panel. Here are a few:

  1. Failure to reapply to be on the Coventry Building Society convincing panel
  2. Coventry 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.
  3. Failure to act in accordance with the Coventry Building Society panel requirements, the written instructions that Coventry Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coventry Building Society may subsequently adopt.
  4. Your practice no longer meets the criteria to remain on the Coventry Building Society conveyancing panel
  5. Persistent non-compliance with post completion requirements set by Coventry Building Society

Coventry Building Society panel reinstatement : You have questions, we have answers

  1. Can we act for Coventry Building Society while the appeal for reinstatement on the Coventry Building Society panel is being progressed? How do I discover if our reinstatement application to the Coventry Building Society panel is approved?
  2. What will happen if our Coventry Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Coventry Building Society?
  3. Is the door firmly shut if our reinstatement panel application with Coventry Building Society is refused?
  4. Is there a fee to be reinstated onto the Coventry Building Society conveyancing panel?
  5. How often will this firm be required to re-apply to be reinstated on the Coventry Building Society conveyancing panel?

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