Removal from the Furness Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Furness Building Society conveyancing panel
- Recurring 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.
- Breaches of Furness Building Society conveyancing panel Terms and Conditions
- 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 subscribe.
How can we assist? Furness Building Society panel reinstatement questions
- How often will this firm be required to re-apply to be reinstated on the Furness Building Society conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Furness Building Society is rejected?
- Is there a cost to revert back onto the Furness Building Society conveyancing panel?
- What times frames are involved when applying to revert back onto the Furness Building Society conveyancing panel?
- Is there a limit to the amount of times my practice can submit applications to be reinstated 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.