Removal from the Cumberland Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring 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.
- Recurring delays in post completion requirements on behalf of Cumberland Building Society
- 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.
- Your practice no longer meets the criteria to remain on the Cumberland Building Society conveyancing panel
- Missing deadline to reapply to remain on the Cumberland Building Society convincing panel
Cumberland Building Society panel reinstatement : You have questions, we have answers
- Please can you set out the application protocol to revert back onto the Cumberland Building Society conveyancing panel?
- What are the next steps open to me if our Cumberland Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application with the Cumberland Building Society?
- How often will this firm be required to re-apply to remain on the Cumberland Building Society conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Cumberland Building Society conveyancing panel?
- What are our options if our reinstatement panel application with Cumberland Building Society is rejected?
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.