Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Ecology Building Society conveyancing panel
- Ecology 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.
- Persistent delays in post completion requirements set by Ecology Building Society
- Recurring 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.
- Non-compliance with the Ecology Building Society panel requirements, 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 adopt.
Answers to Frequently asked questions concerning Ecology Building Society panel reinstatement
- How often will this firm be required to re-apply to be reinstated on the Ecology Building Society conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- Does the COLP in my firm need to complete the reinstatement application to the Ecology Building Society panel ?
- Please can you set out the application protocol to be reinstated onto the Ecology Building Society conveyancing panel?
- What times frames are involved when applying to be reinstated onto 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 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.