Removal from the Dudley Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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.
- Missing deadline to reapply to remain on the Dudley Building Society convincing panel
- Breaches of Dudley Building Society conveyancing panel Terms and Conditions
- 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.
- Your firm no longer meets the criteria to remain on the Dudley Building Society conveyancing panel
Dudley Building Society panel reinstatement: Five Common Questions
- What happens if our Dudley Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application with the Dudley Building Society?
- How often will this firm be required to re-apply to remain on the Dudley Building Society conveyancing panel?
- Am I restricted as to the number of occasions my law firm can submit applications to get back on the Dudley Building Society conveyancing panel?
- Can we appeal if our application for reinstatement was refused?
- Do any avenues remain open if our reinstatement panel application with Dudley Building Society is turned down?
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.