Removal from the Furness Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Furness Building Society convincing panel
- Furness Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Breaches of Furness Building Society conveyancing panel Terms and Conditions
- Significant non-compliance with post completion requirements set by Furness Building Society
- 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 Conveyancing Panel Reinstatement: Common Questions
- Is there a charge to revert back onto the Furness Building Society conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement is rejected?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Furness Building Society is rejected?
- Can you outline the application procedures to revert back onto the Furness Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Furness Building Society 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 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.