Removal from the Manchester Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance 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 subscribe.
- Recurring non-compliance with post completion requirements on behalf of Manchester Building Society
- Breaches of Manchester Building Society conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Manchester Building Society convincing panel
- Significant 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.
Frequently asked questions concerning Manchester Building Society panel reinstatement
- Can this firm act for Manchester Building Society while the application for reinstatement on the Manchester Building Society panel is being processed? How do I find out if our reinstatement application to the Manchester Building Society panel is approved?
- How often will this firm be required to re-apply to be reinstated on the Manchester Building Society conveyancing panel?
- Is there a cost to revert back onto the Manchester Building Society conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Manchester Building Society is rejected?
- How do I discover why my firm’s application for reinstatement was refused?
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.