Removal from the Family Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Family Building Society panel requirements, the written instructions that Family Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Family Building Society may subsequently adopt.
- Breaches of Family Building Society conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Family Building Society convincing panel
- Family 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.
- Recurring non-compliance with post completion requirements on behalf of Family Building Society
How can we assist? Family Building Society panel reinstatement questions
- Is there a limit to the amount of times my law firm can apply to be reinstated on the Family Building Society conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Family Building Society conveyancing panel?
- Are you able to explain why our application for reinstatement was declined?
- Is the door firmly shut if our reinstatement panel submission with Family Building Society is rejected?
- Is there a charge to be reinstated onto the Family Building Society conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Family Building Society panel reinstatement is to ensure that your firm is not removed off of the Family 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 Family Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Family 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 Family Building Society conveyancing panel.