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 Terms and Conditions
  • Your law firm fails to meet the criteria to remain on the Loughborough Building Society conveyancing 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.
  • 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.

Top questions concerning Loughborough Building Society panel reinstatement

  • Is there a fee to revert back onto the Loughborough Building Society conveyancing panel?
  • Is it possible to find out our application for reinstatement was rejected?
  • Is there a limit to the amount of times my practice can apply to get back on the Loughborough Building Society conveyancing panel?
  • What times frames are involved when applying to revert back onto the Loughborough Building Society conveyancing panel?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Loughborough Building Society is turned down?

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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