Removal from the Manchester Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Manchester Building Society panel requirements, the written instructions that Manchester Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Manchester Building Society may subsequently subscribe.
- Missing deadline to reapply to be on the Manchester Building Society convincing panel
- Your practice no longer meets the criteria to remain on the Manchester Building Society conveyancing panel
- Breaches of Manchester Building Society conveyancing panel Terms and Conditions
- Persistent delays in registering a charge 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.
Manchester Building Society panel reinstatement : You have questions, we have answers
- Can this firm act for Manchester Building Society while the appeal for reinstatement on the Manchester Building Society panel is being assessed? How do I discover if our reinstatement appeal to the Manchester Building Society panel is approved?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Manchester Building Society is turned down?
- Does the COLP in my firm need to complete the reinstatement application to the Manchester Building Society panel ?
- Am I restricted as to the number of occasions my law firm can submit applications to get back on the Manchester Building Society conveyancing panel?
- How often will this firm be required to re-apply to remain on the Manchester Building Society conveyancing panel?
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.