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

  • Significant delays in registering security 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.
  • Failure to act in accordance with the Furness Building Society panel requirements, the written instructions that Furness Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Furness Building Society may subsequently adopt.
  • Significant delays in post completion requirements set by Furness Building Society
  • Failure to reapply to remain on the Furness Building Society convincing panel
  • Your firm fails to meet the criteria to remain on the Furness Building Society conveyancing panel

How can we assist? Furness Building Society panel reinstatement questions

  • What happens if our Furness Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Furness Building Society?
  • Is the door firmly shut if my firm’s reinstatement panel submission with Furness Building Society is rejected?
  • Is it possible to find out our application for reinstatement is rejected?
  • What times frames are involved when applying 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?

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 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 Furness Building Society conveyancing panel.

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