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
- Recurring non-compliance with post completion requirements set by Cumberland Building Society
- 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.
- 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.
- Breaches of Cumberland Building Society conveyancing panel requirements
Questions Cumberland Building Society panel reinstatement firms ask us
- How often will this firm be required to re-apply to be reinstated on the Cumberland Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Cumberland Building Society conveyancing panel?
- Am I restricted as to the amount of times my practice can submit applications to get back on the Cumberland Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Cumberland Building Society panel ?
- Please can you set out the application protocol 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 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.