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 reapply to be on the Cumberland Building Society convincing panel
- Recurring non-compliance with post completion requirements on behalf of Cumberland Building Society
- Your law firm no longer meets the criteria to remain on the Cumberland Building Society conveyancing panel
- Recurring 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.
Cumberland Building Society panel reinstatement : You have questions, we have answers
- Can we act for Cumberland Building Society while the appeal for reinstatement on the Cumberland Building Society panel is being progressed? How do I know if our reinstatement application to the Cumberland Building Society panel is accepted?
- What times frames are involved when applying to be reinstated onto the Cumberland Building Society conveyancing panel?
- Can we appeal if our application for reinstatement is refused?
- Is there a charge to revert back onto the Cumberland Building Society conveyancing panel?
- What is the application procedures to revert back 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.