Removal from the Manchester Building Society and other lender panels: Why they do it and how to get reinstated
- Manchester 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.
- Recurring delays in post completion requirements set by Manchester Building Society
- Breaches of Manchester Building Society conveyancing panel requirements
- Failure to act in accordance with the Manchester Building Society panel requirements, the written instructions that Manchester Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Manchester Building Society may subsequently adopt.
- Your firm fails to meet the criteria to remain on the Manchester Building Society conveyancing panel
Answers to Frequently asked questions concerning Manchester Building Society panel reinstatement
- How often will this firm be required to re-apply to remain on the Manchester Building Society conveyancing panel?
- Is there a fee to be reinstated onto the Manchester Building Society conveyancing panel?
- How long does the application process take when applying to revert back onto the Manchester Building Society conveyancing panel?
- What are the consequences if our Manchester Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Manchester Building Society?
- Can this firm act for Manchester Building Society while the appeal for reinstatement on the Manchester Building Society panel is being progressed? How do I know if our reinstatement appeal to the Manchester Building Society panel is accepted?
Top Tip: The best way to avoid the hassle of seeking Manchester Building Society panel reinstatement is to ensure that your firm is not removed off of the Manchester 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 Manchester Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Manchester 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 Manchester Building Society conveyancing panel.