Removal from the Marsden Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Marsden Building Society conveyancing panel
- Failure to reapply to be on the Marsden Building Society convincing panel
- Marsden 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 non-compliance with post completion requirements on behalf of Marsden Building Society
- Persistent delays in registering a charge on behalf of Marsden Building Society Delays or failure to register the Marsden Building Society charge may result in referral to external lawyers of Marsden Building Society to complete outstanding requirements.
Marsden Building Society panel reinstatement : You have questions, we have answers
- Is the door firmly shut if our reinstatement panel submission with Marsden Building Society is refused?
- How often will this firm be required to re-apply to remain on the Marsden Building Society conveyancing panel?
- How long does the application process take when applying to revert back onto the Marsden Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Marsden Building Society panel ?
- Are you able to explain why our application for reinstatement was rejected?
Top Tip: The best way to avoid the hassle of seeking Marsden Building Society panel reinstatement is to ensure that your firm is not removed off of the Marsden 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 Marsden Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Marsden 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 Marsden Building Society conveyancing panel.