Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to remain on the Ecology Building Society convincing panel
  • Your firm fails to meet the criteria to remain on the Ecology Building Society conveyancing panel
  • Non-compliance with the Ecology Building Society panel terms, the written instructions that Ecology Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ecology Building Society may subsequently subscribe.
  • Persistent non-compliance with post completion requirements set by Ecology Building Society
  • Breaches of Ecology Building Society conveyancing panel requirements

Ecology Building Society panel reinstatement : questions that we get asked

  • What will happen if our Ecology Building Society panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Ecology Building Society?
  • Can this firm act for Ecology Building Society while the appeal for reinstatement on the Ecology Building Society panel is being reviewed? How do I discover if our reinstatement appeal to the Ecology Building Society panel is accepted?
  • Is it the practice manager who is required to complete the reinstatement application to the Ecology Building Society panel ?
  • Is there a cost to be reinstated onto the Ecology Building Society conveyancing panel?
  • Am I restricted as to the amount of occasions my firm can submit applications to get back on the Ecology Building Society conveyancing panel?

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 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 Ecology Building Society conveyancing panel.

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