Removal from the Loughborough Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of Loughborough Building Society
- Breaches of Loughborough Building Society conveyancing panel requirements
- Missing deadline to reapply to be on the Loughborough Building Society convincing panel
- Recurring 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.
- Your practice no longer meets the criteria to remain on the Loughborough Building Society conveyancing panel
Top questions concerning Loughborough Building Society panel reinstatement
- Do any avenues remain open if my firm’s reinstatement panel submission with Loughborough Building Society is refused?
- Is there a cost to be reinstated onto the Loughborough Building Society conveyancing panel?
- Can this firm 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 accepted?
- Is it the practice manager who is required to complete the reinstatement application to the Loughborough Building Society panel ?
- Is there a limit to the amount of times my practice can apply to be reinstated on the Loughborough Building Society conveyancing 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 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 Loughborough Building Society conveyancing panel.