Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- 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 adopt.
- Breaches of Ecology Building Society conveyancing panel Terms and Conditions
- Your practice fails to meet the criteria to remain on the Ecology Building Society conveyancing panel
- Significant non-compliance with post completion requirements set by Ecology Building Society
Frequently asked questions concerning Ecology Building Society panel reinstatement
- Can we appeal if this practice’s application for reinstatement is turned down?
- How often will this firm be required to re-apply to be reinstated on the Ecology Building Society conveyancing panel?
- What is the application process to be reinstated onto the Ecology Building Society conveyancing panel?
- What times frames are involved when applying to revert back onto the Ecology Building Society conveyancing 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.