Removal from the Manchester Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering security on behalf of Manchester Building Society Delays or failure to register the Manchester Building Society charge may result in referral to external lawyers of Manchester Building Society to complete outstanding requirements.
- Missing deadline to reapply to remain on the Manchester Building Society convincing panel
- Your law firm no longer meets the criteria to remain on the Manchester Building Society conveyancing panel
- 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.
- Breaches of Manchester Building Society conveyancing panel requirements
Top questions concerning Manchester Building Society panel reinstatement
- Is there a cost to revert back onto the Manchester Building Society conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Manchester Building Society is turned down?
- How long does the application process take when applying to be reinstated onto the Manchester Building Society conveyancing panel?
- 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 discover if our reinstatement application to the Manchester Building Society panel is accepted?
- What will happen 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?
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 preferred 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.