Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Ecology Building Society convincing panel
- Significant non-compliance with post completion requirements set by Ecology Building Society
- Failure to act in accordance with the Ecology Building Society panel terms, 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 adopt.
- 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 registering security 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.
Questions Ecology Building Society panel reinstatement firms ask us
- What is the application process to revert back onto the Ecology Building Society conveyancing panel?
- What happens if our Ecology Building Society panel reinstatement application is turned down and our client has a mortgage application with the Ecology Building Society?
- Is there a limit to the number of occasions my firm can submit applications to get back on the Ecology Building Society conveyancing panel?
- Who should complete the reinstatement application to the Ecology Building Society panel ?
- Is there a fee to revert back 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.