Removal from the Dudley Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Dudley Building Society conveyancing panel
- Persistent non-compliance with post completion requirements set by Dudley Building Society
- Dudley 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 act in accordance with the Dudley Building Society panel requirements, the written instructions that Dudley Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Dudley Building Society may subsequently subscribe.
- Failure to reapply to remain on the Dudley Building Society convincing panel
Dudley Building Society panel reinstatement : questions that we get asked
- How often will this firm be required to re-apply to be reinstated on the Dudley Building Society conveyancing panel?
- Can we act for Dudley Building Society while the appeal for reinstatement on the Dudley Building Society panel is being reviewed? How do I know if our reinstatement application to the Dudley Building Society panel is approved?
- Are you able to explain why my firm’s application for reinstatement was rejected?
- What are the next steps open to me if our Dudley Building Society panel reinstatement application is declined and our client has a mortgage application with the Dudley Building Society?
- Is the door firmly shut if our reinstatement panel application with Dudley Building Society is declined?
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 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 Dudley Building Society conveyancing panel.