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

  • Failure to reapply to be on the Loughborough Building Society convincing panel
  • Persistent delays in post completion requirements set by Loughborough Building Society
  • 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.
  • Your practice fails to meet the criteria to remain on the Loughborough Building Society conveyancing panel
  • Non-compliance with the Loughborough Building Society panel requirements, the written instructions that Loughborough Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Loughborough Building Society may subsequently adopt.

Questions Loughborough Building Society panel reinstatement firms ask us

  • Am I restricted as to the amount of occasions my law firm can submit applications to be reinstated on the Loughborough Building Society conveyancing panel?
  • Are you able to explain why this practice’s application for reinstatement is refused?
  • Is there a cost to be reinstated onto the Loughborough Building Society conveyancing panel?
  • Who should complete the reinstatement application to the Loughborough Building Society panel ?
  • How often will this firm be required to re-apply to remain 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.

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