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
- Your firm no longer meets the criteria to remain on the Loughborough Building Society conveyancing panel
- Failure to act in accordance with the Loughborough Building Society panel requirements, the written instructions that Loughborough Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Loughborough Building Society may subsequently subscribe.
- Recurring 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.
- Persistent delays in post completion requirements on behalf of Loughborough Building Society
Loughborough Building Society panel reinstatement: Five Common Questions
- Is there a limit to the number of occasions my firm can submit applications to get back on the Loughborough Building Society conveyancing panel?
- Please can you set out the application procedures to revert back onto the Loughborough Building Society conveyancing panel?
- How do I discover why our application for reinstatement is refused?
- Is there a fee to be reinstated onto the Loughborough Building Society conveyancing panel?
- What happens if our Loughborough Building Society panel reinstatement application is declined and the client of the firm 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.