Removal from the Ipswich Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Ipswich Building Society conveyancing panel
- Non-compliance with the Ipswich Building Society panel requirements, the written instructions that Ipswich Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ipswich Building Society may subsequently subscribe.
- Missing deadline to reapply to remain on the Ipswich Building Society convincing panel
- Ipswich 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.
- Recurring delays in registering a charge on behalf of Ipswich Building Society Delays or failure to register the Ipswich Building Society charge may result in referral to external lawyers of Ipswich Building Society to complete outstanding requirements.
Top questions concerning Ipswich Building Society panel reinstatement
- What is the application process to be reinstated onto the Ipswich Building Society conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Ipswich Building Society conveyancing panel?
- Is there a limit to the number of times my firm can apply to get back on the Ipswich Building Society conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with Ipswich Building Society is refused?
- Is it possible to find out my firm’s application for reinstatement was refused?
Top Tip: The best way to avoid the hassle of seeking Ipswich Building Society panel reinstatement is to ensure that your firm is not removed off of the Ipswich 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 Ipswich Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Ipswich 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 Ipswich Building Society conveyancing panel.