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.
- Failure to reapply to remain on the Mansfield Building Society convincing panel
- Your law firm fails to meet the criteria to remain on the Mansfield Building Society conveyancing panel
- Significant delays in post completion requirements on behalf of Mansfield Building Society
- 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.
Mansfield Building Society panel reinstatement : questions that we get asked
- Does my practice need to apply annually to remain on the Mansfield Building Society conveyancing panel?
- Is there a charge to revert back onto the Mansfield Building Society conveyancing panel?
- What happens if our Mansfield Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Mansfield Building Society?
- What times frames are involved when applying to revert back onto the Mansfield Building Society conveyancing panel?
- What is the application process 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 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 Mansfield Building Society conveyancing panel.