Removal from the Dudley Building Society and other lender panels: Why they do it and how to get reinstated
- 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 law firm no longer meets the criteria to remain on the Dudley Building Society conveyancing panel
- Persistent delays in post completion requirements set by Dudley Building Society
- 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 subscribe.
Answers to Frequently asked questions concerning Dudley Building Society panel reinstatement
- Can we appeal if this practice’s application for reinstatement is declined?
- What happens if our Dudley Building Society panel reinstatement application is refused and the client of the firm has a mortgage offer with the Dudley Building Society?
- Can we act for Dudley Building Society while the appeal for reinstatement on the Dudley Building Society panel is being processed? How do I know if our reinstatement application to the Dudley Building Society panel is accepted?
- Am I restricted as to the number of times my firm can submit applications to be reinstated on the Dudley Building Society conveyancing panel?
- Is there a fee to revert back onto the Dudley Building Society conveyancing 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 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.