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

  • Your firm fails to meet the criteria to remain on the Cumberland Building Society conveyancing panel
  • Failure to reapply to remain on the Cumberland Building Society convincing panel
  • Significant delays in registering security 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.
  • Significant delays in post completion requirements set by Cumberland Building Society
  • Breaches of Cumberland Building Society conveyancing panel requirements

Common queries about Cumberland Building Society conveyancing panel reinstatement

  • What is the application protocol to revert back onto the Cumberland Building Society conveyancing panel?
  • Can we appeal if my firm’s application for reinstatement is turned down?
  • Does the COLP in my firm need to sign the reinstatement application to the Cumberland Building Society panel ?
  • How long does the application process take when applying to be reinstated onto 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 progressed? How do I discover 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.

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