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 provides false answers in its application form or in relation to any future requests for information.
- Failure to act in accordance with the Leeds Building Society panel requirements, 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.
- Breaches of Leeds Building Society conveyancing panel Terms and Conditions
- Failure to reapply to be on the Leeds Building Society convincing panel
- 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
- How long does the application process take when applying to be reinstated onto the Leeds Building Society conveyancing panel?
- Please can you set out the application protocol to be reinstated onto the Leeds Building Society conveyancing panel?
- Is there a limit to the number of occasions my law firm can submit applications to be reinstated on the Leeds Building Society conveyancing panel?
- Is there a cost to be reinstated onto the Leeds Building Society conveyancing panel?
- What are the consequences if our Leeds Building Society panel reinstatement application is declined and the client of the firm has a mortgage application with the Leeds Building Society?
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.