Removal from the Ipswich Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm fails to meet the criteria to remain on the Ipswich Building Society conveyancing panel
- 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.
- Missing deadline to reapply to remain on the Ipswich Building Society convincing panel
- Breaches of Ipswich Building Society conveyancing panel Terms and Conditions
- 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.
FAQs : Ipswich Building Society Conveyancing panel reinstatement
- Does the COLP in my firm need to sign the reinstatement application to the Ipswich Building Society panel ?
- Is there a cost to revert back onto the Ipswich Building Society conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with Ipswich Building Society is refused?
- What times frames are involved when applying to be reinstated onto the Ipswich Building Society conveyancing panel?
- Can this firm act for Ipswich Building Society while the application for reinstatement on the Ipswich Building Society panel is being progressed? How do I know if our reinstatement application to the Ipswich Building Society panel is approved?
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.