Removal from the Manchester Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements on behalf of Manchester Building Society
- Your firm no longer meets the criteria to remain on the Manchester Building Society conveyancing panel
- Missing deadline to reapply to be on the Manchester Building Society convincing panel
- Breaches of Manchester Building Society conveyancing panel requirements
- Non-compliance with the Manchester Building Society panel terms, 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 adopt.
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 assessed? How do I find out if our reinstatement application to the Manchester Building Society panel is accepted?
- What are our options if our reinstatement panel application with Manchester Building Society is refused?
- Is there a charge to be reinstated onto the Manchester Building Society conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Manchester Building Society conveyancing panel?
- What happens if our Manchester Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer 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.