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

  • Your law firm no longer meets the criteria to remain on the Mansfield Building Society conveyancing panel
  • Missing deadline to reapply to be on the Mansfield Building Society convincing panel
  • Failure to act in accordance with the Mansfield Building Society panel terms, the written instructions that Mansfield Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Mansfield Building Society may subsequently adopt.
  • 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.
  • 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.

Mansfield Building Society panel reinstatement : You have questions, we have answers

  • Can this firm act for Mansfield Building Society while the appeal for reinstatement on the Mansfield Building Society panel is being processed? How do I discover if our reinstatement application to the Mansfield Building Society panel is accepted?
  • Is there a charge to revert back onto the Mansfield Building Society conveyancing panel?
  • How long does the application process take when applying to revert back onto the Mansfield Building Society conveyancing panel?
  • How often will this firm be required to re-apply to be reinstated on the Mansfield Building Society conveyancing panel?
  • What happens if our Mansfield Building Society panel reinstatement application is turned down and our client has a mortgage offer 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 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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