Removal from the Ecology 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 Ecology Building Society conveyancing panel
  • Significant delays in registering a charge on behalf of Ecology Building Society Delays or failure to register the Ecology Building Society charge may result in referral to external lawyers of Ecology Building Society to complete outstanding requirements.
  • Failure to reapply to remain on the Ecology Building Society convincing panel
  • Failure to act in accordance with the Ecology Building Society panel requirements, the written instructions that Ecology Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ecology Building Society may subsequently subscribe.
  • Significant non-compliance with post completion requirements on behalf of Ecology Building Society

FAQs : Ecology Building Society Conveyancing panel reinstatement

  • Am I restricted as to the number of occasions my law firm can submit applications to get back on the Ecology Building Society conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Ecology Building Society conveyancing panel?
  • Is it the practice manager who is required to complete the reinstatement application to the Ecology Building Society panel ?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Ecology Building Society is turned down?
  • Can this firm act for Ecology Building Society while the application for reinstatement on the Ecology Building Society panel is being assessed? How do I discover if our reinstatement application to the Ecology Building Society panel is accepted?

Top Tip: The best way to avoid the hassle of seeking Ecology Building Society panel reinstatement is to ensure that your firm is not removed off of the Ecology 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 Ecology Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Ecology 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 Ecology Building Society conveyancing panel.

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