Removal from the Ecology Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Ecology Building Society conveyancing panel
- Failure to act in accordance 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.
- 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.
- Breaches of Ecology Building Society conveyancing panel Terms and Conditions
- Significant non-compliance with post completion requirements on behalf of Ecology Building Society
How can we assist? Ecology Building Society panel reinstatement questions
- Is it the practice manager who is required to sign the reinstatement application to the Ecology Building Society panel ?
- Can we appeal if our application for reinstatement was refused?
- Is the door firmly shut if our reinstatement panel application with Ecology Building Society is turned down?
- Can you outline the application process to be reinstated onto the Ecology Building Society conveyancing panel?
- Is there a cost 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.