Removal from the Loughborough Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Loughborough Building Society
- Your law firm no longer meets the criteria to remain on the Loughborough Building Society conveyancing panel
- Persistent delays in registering a charge on behalf of Loughborough Building Society Delays or failure to register the Loughborough Building Society charge may result in referral to external lawyers of Loughborough Building Society to complete outstanding requirements.
- Loughborough 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.
- Breaches of Loughborough Building Society conveyancing panel Terms and Conditions
Common questions about Loughborough Building Society conveyancing panel reinstatement
- Can we act for Loughborough Building Society while the appeal for reinstatement on the Loughborough Building Society panel is being processed? How do I know if our reinstatement application to the Loughborough Building Society panel is approved?
- Is the door firmly shut if our reinstatement panel application with Loughborough Building Society is refused?
- Is there a fee to be reinstated onto the Loughborough Building Society conveyancing panel?
- Can you outline the application procedures to revert back onto the Loughborough Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Loughborough Building Society panel ?
Top Tip: The best way to avoid the hassle of seeking Loughborough Building Society panel reinstatement is to ensure that your firm is not removed off of the Loughborough 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 Loughborough Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Loughborough 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 Loughborough Building Society conveyancing panel.