Removal from the Cumberland Building Society and other lender panels: Why they do it and how to get reinstated

  • Failure to act in accordance with the Cumberland Building Society panel terms, the written instructions that Cumberland Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Cumberland Building Society may subsequently adopt.
  • Persistent delays in registering a charge on behalf of Cumberland Building Society Delays or failure to register the Cumberland Building Society charge may result in referral to external lawyers of Cumberland Building Society to complete outstanding requirements.
  • Missing deadline to reapply to remain on the Cumberland Building Society convincing panel
  • Cumberland 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.
  • Recurring non-compliance with post completion requirements on behalf of Cumberland Building Society

Top questions concerning Cumberland Building Society panel reinstatement

  • How long does the application process take when applying to revert back onto the Cumberland Building Society conveyancing panel?
  • Can you outline the application procedures to revert back onto the Cumberland Building Society conveyancing panel?
  • Is the door firmly shut if our reinstatement panel submission with Cumberland Building Society is refused?
  • Is there a charge to be reinstated onto the Cumberland Building Society conveyancing panel?
  • Am I restricted as to the number of occasions my practice can submit applications to be reinstated on the Cumberland Building Society conveyancing panel?

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

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