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

  • Non-compliance 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 subscribe.
  • Failure to reapply to be on the Leeds Building Society convincing panel
  • Breaches of Leeds Building Society conveyancing panel requirements
  • 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.
  • Your practice no longer meets the criteria to remain on the Leeds Building Society conveyancing panel

Leeds Building Society panel reinstatement : questions that we get asked

  • Can we act for Leeds Building Society while the application for reinstatement on the Leeds Building Society panel is being processed? How do I find out if our reinstatement appeal to the Leeds Building Society panel is approved?
  • Does my practice need to apply annually to remain on the Leeds Building Society conveyancing panel?
  • Does the COLP in my firm need to sign the reinstatement application to the Leeds Building Society panel ?
  • How do I discover why this practice’s application for reinstatement was refused?
  • Is there a limit to the number of times my law firm can submit applications to get back on 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 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 Leeds Building Society conveyancing panel.

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