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

  • Non-compliance with the Marsden Building Society panel terms, the written instructions that Marsden Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Marsden Building Society may subsequently adopt.
  • Missing deadline to reapply to remain on the Marsden Building Society convincing panel
  • Breaches of Marsden Building Society conveyancing panel Terms and Conditions
  • Your practice no longer meets the criteria to remain on the Marsden Building Society conveyancing panel
  • Recurring delays in post completion requirements set by Marsden Building Society

Questions Marsden Building Society panel reinstatement firms ask us

  • Is there a charge to revert back onto the Marsden Building Society conveyancing panel?
  • Am I restricted as to the amount of occasions my firm can apply to get back on the Marsden Building Society conveyancing panel?
  • What are the next steps open to me if our Marsden Building Society panel reinstatement application is declined and the client of the firm has a mortgage application with the Marsden Building Society?
  • Can this firm act for Marsden Building Society while the appeal for reinstatement on the Marsden Building Society panel is being reviewed? How do I know if our reinstatement appeal to the Marsden Building Society panel is accepted?
  • Can you outline the application procedures to revert back onto the Marsden Building Society conveyancing panel?

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.

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