Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements set by Ecology Building Society
- Significant 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.
- Non-compliance 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.
- Failure to reapply to be on the Ecology Building Society convincing panel
- Your firm no longer meets the criteria to remain on the Ecology Building Society conveyancing panel
Ecology Building Society panel reinstatement : questions that we get asked
- Is it the practice manager who is required 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 are the next steps open to me if our Ecology Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Ecology Building Society?
- Am I restricted as to the amount of occasions my firm can apply to be reinstated on the Ecology Building Society conveyancing panel?
- What are our options if our reinstatement panel application with Ecology Building Society is rejected?
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.