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
- Breaches of Ecology Building Society conveyancing panel Terms and Conditions
- 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 adopt.
- Persistent non-compliance with post completion requirements on behalf of Ecology Building Society
- Ecology Building Society may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
Questions Ecology Building Society panel reinstatement firms ask us
- How often will this firm be required to re-apply to remain on the Ecology Building Society conveyancing panel?
- Can this firm act for Ecology Building Society while the application for reinstatement on the Ecology Building Society panel is being reviewed? How do I know if our reinstatement application to the Ecology Building Society panel is accepted?
- Is there a limit to the amount of times my practice can submit applications to get back on the Ecology Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Ecology Building Society panel ?
- How long does the application process take when applying 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 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.