Removal from the Dudley Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Dudley Building Society conveyancing panel
- Persistent delays in registering a charge on behalf of Dudley Building Society Delays or failure to register the Dudley Building Society charge may result in referral to external lawyers of Dudley Building Society to complete outstanding requirements.
- Failure to act in accordance with the Dudley Building Society panel terms, the written instructions that Dudley Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Dudley Building Society may subsequently adopt.
- Breaches of Dudley Building Society conveyancing panel requirements
- Dudley 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.
Common queries about Dudley Building Society conveyancing panel reinstatement
- Does my practice need to apply annually to remain on the Dudley Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement is rejected?
- Can we act for Dudley Building Society while the appeal for reinstatement on the Dudley Building Society panel is being processed? How do I find out if our reinstatement appeal to the Dudley Building Society panel is accepted?
- Is there a cost to be reinstated onto the Dudley Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Dudley Building Society panel ?
Top Tip: The best way to avoid the hassle of seeking Dudley Building Society panel reinstatement is to ensure that your firm is not removed off of the Dudley 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 Dudley Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Dudley 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 Dudley Building Society conveyancing panel.