Removal from the Leeds Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of Leeds Building Society
- Missing deadline to reapply to remain on the Leeds Building Society convincing panel
- 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.
- 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.
- Non-compliance with the Leeds Building Society panel requirements, 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 adopt.
Leeds Building Society panel reinstatement : You have questions, we have answers
- Is there a cost to revert back onto the Leeds Building Society conveyancing panel?
- Is it possible to find out our application for reinstatement is declined?
- Does the COLP in my firm need to sign the reinstatement application to the Leeds Building Society panel ?
- Can this firm act for Leeds Building Society while the appeal for reinstatement on the Leeds Building Society panel is being processed? How do I know if our reinstatement application to the Leeds Building Society panel is approved?
- Is there a limit to the amount of occasions 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.