Removal from the Furness Building Society and other lender panels: Why they do it and how to get reinstated
- 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
- Non-compliance with the Furness Building Society panel terms, the written instructions that Furness Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Furness Building Society may subsequently subscribe.
- Breaches of Furness Building Society conveyancing panel Terms and Conditions
- Missing deadline to reapply to remain on the Furness Building Society convincing panel
Furness Building Society panel reinstatement: Five Common Questions
- Are you able to explain why our application for reinstatement is turned down?
- How often will this firm be required to re-apply to remain on the Furness Building Society conveyancing panel?
- Is there a cost to revert back onto the Furness Building Society conveyancing panel?
- What times frames are involved when applying to be reinstated onto 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 declined?
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.