Can you assist? - How does my law firm get reinstated on the Leeds Building Society panel?

There are a number of explanations why a firm might be removed from the Leeds Building Society conveyancing panel. Here are a few:

  1. Persistent non-compliance with post completion requirements set by Leeds Building Society
  2. Breaches of Leeds Building Society conveyancing panel Terms and Conditions
  3. Leeds 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.
  4. Failure to act in accordance with the Leeds Building Society panel terms, the written instructions that Leeds Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Leeds Building Society may subsequently adopt.
  5. Recurring delays in registering a charge 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.

Leeds Building Society Conveyancing Panel Reinstatement: Common Questions

  1. Does the COLP in my firm need to sign the reinstatement application to the Leeds Building Society panel ?
  2. Can we appeal if our application for reinstatement was rejected?
  3. Can this firm act for Leeds Building Society while the application for reinstatement on the Leeds Building Society panel is being reviewed? How do I know if our reinstatement appeal to the Leeds Building Society panel is accepted?
  4. What are our options if our reinstatement panel submission with Leeds Building Society is refused?
  5. Is there a cost to revert back onto the Leeds Building Society conveyancing panel?

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.