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

  • Mansfield Building Society may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
  • Failure to act in accordance with the Mansfield Building Society panel terms, 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 subscribe.
  • Breaches of Mansfield Building Society conveyancing panel Terms and Conditions
  • Persistent delays in post completion requirements set by Mansfield Building Society
  • Recurring delays in registering security 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.

Common questions about Mansfield Building Society conveyancing panel reinstatement

  • Can we act for Mansfield Building Society while the application for reinstatement on the Mansfield Building Society panel is being progressed? How do I discover if our reinstatement application to the Mansfield Building Society panel is approved?
  • How long does the application process take when applying to revert back onto the Mansfield Building Society conveyancing panel?
  • What will happen if our Mansfield Building Society panel reinstatement application is declined and the client of the firm has a mortgage application with the Mansfield Building Society?
  • How do I discover why this practice’s application for reinstatement was rejected?
  • Is it the practice manager who is required to complete the reinstatement application to the Mansfield Building Society 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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