Removal from the Ipswich Building Society and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to remain on the Ipswich Building Society convincing panel
  • Significant non-compliance with post completion requirements on behalf of Ipswich Building Society
  • Ipswich 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.
  • Recurring delays in registering security 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.
  • Breaches of Ipswich Building Society conveyancing panel requirements

Ipswich Building Society panel reinstatement : You have questions, we have answers

  • How do I discover why our application for reinstatement was declined?
  • What is the application protocol to revert back onto the Ipswich Building Society conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Ipswich Building Society panel ?
  • Can this firm act for Ipswich Building Society while the appeal for reinstatement on the Ipswich Building Society panel is being reviewed? How do I discover if our reinstatement appeal to the Ipswich Building Society panel is accepted?
  • How long does the application process take when applying to be reinstated onto the Ipswich Building Society conveyancing panel?

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 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 Ipswich Building Society conveyancing panel.

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