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

  • Significant delays in post completion requirements set by Loughborough Building Society
  • Failure to reapply to be on the Loughborough Building Society convincing panel
  • Non-compliance with the Loughborough Building Society panel terms, 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.
  • Your law firm no longer meets the criteria to remain on the Loughborough Building Society conveyancing panel
  • 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.

How can we assist? Loughborough Building Society panel reinstatement questions

  • 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 appeal to the Loughborough Building Society panel is accepted?
  • Are you able to explain why our application for reinstatement is declined?
  • Please can you set out the application process to be reinstated onto the Loughborough Building Society conveyancing panel?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel submission 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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