Removal from the Mansfield Building Society and other lender panels: Why they do it and how to get reinstated

  • Failure to act in accordance with the Mansfield Building Society panel requirements, the written instructions that Mansfield Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mansfield Building Society may subsequently adopt.
  • Your law firm no longer meets the criteria to remain on the Mansfield Building Society conveyancing panel
  • Mansfield Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Breaches of Mansfield Building Society conveyancing panel requirements
  • Persistent delays in registering a charge on behalf of Mansfield Building Society Delays or failure to register the Mansfield Building Society charge may result in referral to external lawyers of Mansfield Building Society to complete outstanding requirements.

Answers to Frequently asked questions concerning Mansfield Building Society panel reinstatement

  • What will happen if our Mansfield Building Society panel reinstatement application is rejected and the client of the firm has a mortgage application with the Mansfield Building Society?
  • How often will this firm be required to re-apply to remain on the Mansfield Building Society conveyancing panel?
  • Am I restricted as to the number of times my firm can apply to get back on the Mansfield Building Society conveyancing panel?
  • Are you able to explain why our application for reinstatement was refused?
  • What times frames are involved when applying to be reinstated onto the Mansfield Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Mansfield Building Society panel reinstatement is to ensure that your firm is not removed off of the Mansfield 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 Mansfield Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Mansfield 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 Mansfield Building Society conveyancing panel.

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