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

  • Breaches of Loughborough Building Society conveyancing panel Terms and Conditions
  • Persistent delays in registering security 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.
  • Missing deadline to reapply to remain on the Loughborough Building Society convincing panel
  • Significant delays in post completion requirements on behalf of Loughborough Building Society
  • 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.

Loughborough Building Society Conveyancing Panel Reinstatement: Common Questions

  • Can this firm act for Loughborough Building Society while the application for reinstatement on the Loughborough Building Society panel is being progressed? How do I know if our reinstatement application to the Loughborough Building Society panel is approved?
  • Is there a limit to the number of occasions my law firm can apply to get back on the Loughborough Building Society conveyancing panel?
  • What is the application protocol to revert back onto the Loughborough Building Society conveyancing panel?
  • Is there a charge to be reinstated onto the Loughborough Building Society conveyancing panel?
  • What happens if our Loughborough Building Society panel reinstatement application is turned down and our client has a mortgage application with the Loughborough Building Society?

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.

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