Removal from the Dudley Building Society and other lender panels: Why they do it and how to get reinstated
- 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 adopt.
- Missing deadline to reapply to remain on the Dudley Building Society convincing panel
- Significant non-compliance with post completion requirements on behalf of 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.
- Recurring delays in registering security 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.
Dudley Building Society panel reinstatement : You have questions, we have answers
- To what extent is my firm permanently excluded if our reinstatement panel application with Dudley Building Society is rejected?
- Can we act for Dudley Building Society while the application for reinstatement on the Dudley Building Society panel is being progressed? How do I discover if our reinstatement application to the Dudley Building Society panel is accepted?
- How long does the application process take when applying to be reinstated onto the Dudley Building Society conveyancing panel?
- Can you outline the application procedures to be reinstated onto the Dudley Building Society conveyancing panel?
- Is it the practice manager who is required to complete 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.