Removal from the Leeds Building Society and other lender panels: Why they do it and how to get reinstated
- Leeds 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.
- Persistent delays in registering security on behalf of Leeds Building Society Delays or failure to register the Leeds Building Society charge may result in referral to external lawyers of Leeds Building Society to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the Leeds Building Society conveyancing panel
- Non-compliance with the Leeds Building Society panel terms, the written instructions that Leeds Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Leeds Building Society may subsequently subscribe.
- Missing deadline to reapply to remain on the Leeds Building Society convincing panel
Common queries about Leeds Building Society conveyancing panel reinstatement
- Is there a fee to be reinstated onto the Leeds Building Society conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with Leeds Building Society is refused?
- What will happen if our Leeds Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Leeds Building Society?
- Please can you set out the application process to revert back onto the Leeds Building Society conveyancing panel?
- How do I discover why our application for reinstatement is declined?
Top Tip: The best way to avoid the hassle of seeking Leeds Building Society panel reinstatement is to ensure that your firm is not removed off of the Leeds 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 Leeds Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Leeds 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 Leeds Building Society conveyancing panel.