Removal from the Cumberland Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Cumberland Building Society convincing panel
- Breaches of Cumberland Building Society conveyancing panel Terms and Conditions
- Cumberland 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.
- Non-compliance with the Cumberland Building Society panel requirements, the written instructions that Cumberland Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Cumberland Building Society may subsequently adopt.
- Your law firm fails to meet the criteria to remain on the Cumberland Building Society conveyancing panel
Questions Cumberland Building Society panel reinstatement firms ask us
- What times frames are involved when applying to be reinstated onto the Cumberland Building Society conveyancing panel?
- Am I restricted as to the amount of times my firm can submit applications to be reinstated on the Cumberland Building Society conveyancing panel?
- What are our options if our reinstatement panel submission with Cumberland Building Society is turned down?
- Does my practice need to apply annually to be reinstated on the Cumberland Building Society conveyancing panel?
- Can this firm act for Cumberland Building Society while the application for reinstatement on the Cumberland Building Society panel is being processed? How do I find out if our reinstatement appeal to the Cumberland Building Society panel is accepted?
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 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 Cumberland Building Society conveyancing panel.