Removal from the Furness Building Society and other lender panels: Why they do it and how to get reinstated

  • Recurring non-compliance with post completion requirements on behalf of Furness Building Society
  • Breaches of Furness Building Society conveyancing panel Terms and Conditions
  • Persistent delays in registering a charge on behalf of Furness Building Society Delays or failure to register the Furness Building Society charge may result in referral to external lawyers of Furness Building Society to complete outstanding requirements.
  • Furness 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.
  • Your practice no longer meets the criteria to remain on the Furness Building Society conveyancing panel

How can we assist? Furness Building Society panel reinstatement questions

  • What times frames are involved when applying to be reinstated onto the Furness Building Society conveyancing panel?
  • Can you outline the application process to revert back onto the Furness Building Society conveyancing panel?
  • How often will this firm be required to re-apply to remain on the Furness Building Society conveyancing panel?
  • What happens if our Furness Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Furness Building Society?
  • Can this firm act for Furness Building Society while the application for reinstatement on the Furness Building Society panel is being processed? How do I know if our reinstatement application to the Furness Building Society panel is approved?

Top Tip: The best way to avoid the hassle of seeking Furness Building Society panel reinstatement is to ensure that your firm is not removed off of the Furness 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 Furness Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Furness 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 Furness Building Society conveyancing panel.

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