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.
- Breaches of Mansfield Building Society conveyancing panel requirements
- Persistent delays in post completion requirements set by Mansfield Building Society
- Missing deadline to reapply to be on the Mansfield Building Society convincing panel
- Your practice fails to meet the criteria to remain on the Mansfield Building Society conveyancing panel
Mansfield Building Society panel reinstatement: Five Common Questions
- Am I restricted as to the number of times my firm can submit applications to get back on the Mansfield Building Society conveyancing panel?
- Can we appeal if my firm’s application for reinstatement was refused?
- Is there a cost to revert back onto the Mansfield Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Mansfield Building Society panel ?
- What are the consequences if our Mansfield Building Society panel reinstatement application is rejected and our client has a mortgage application with the Mansfield Building Society?
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.