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

  • 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.
  • 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.
  • Significant non-compliance with post completion requirements on behalf of Cumberland Building Society
  • Your practice fails to meet the criteria to remain on the Cumberland Building Society conveyancing panel
  • Breaches of Cumberland Building Society conveyancing panel requirements

Cumberland Building Society panel reinstatement: Five Common Questions

  • Is the door firmly shut if our reinstatement panel application with Cumberland Building Society is declined?
  • Can we act for Cumberland Building Society while the application for reinstatement on the Cumberland Building Society panel is being processed? How do I discover if our reinstatement appeal to the Cumberland Building Society panel is approved?
  • Is there a limit to the number of occasions my firm can submit applications to be reinstated on the Cumberland Building Society conveyancing panel?
  • Are you able to explain why our application for reinstatement was turned down?
  • Is there a fee to be reinstated onto 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.

Related Pages