Removal from the Darlington Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Darlington Building Society conveyancing panel
- Darlington 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 Darlington Building Society conveyancing panel Terms and Conditions
- Missing deadline to reapply to be on the Darlington Building Society convincing panel
- Failure to act in accordance with the Darlington Building Society panel requirements, the written instructions that Darlington Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Darlington Building Society may subsequently subscribe.
Darlington Building Society Conveyancing Panel Reinstatement: Common Questions
- Can you outline the application process to be reinstated onto the Darlington Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Darlington Building Society panel ?
- How often will this firm be required to re-apply to be reinstated on the Darlington Building Society conveyancing panel?
- Is there a cost to revert back onto the Darlington Building Society conveyancing panel?
- What will happen if our Darlington Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Darlington Building Society?
Top Tip: The best way to avoid the hassle of seeking Darlington Building Society panel reinstatement is to ensure that your firm is not removed off of the Darlington 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 Darlington Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Darlington 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 Darlington Building Society conveyancing panel.