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.
- Significant delays in post completion requirements on behalf of Marsden Building Society
- Your firm no longer meets the criteria to remain on the Marsden Building Society conveyancing panel
- Breaches of Marsden Building Society conveyancing panel Terms and Conditions
- Significant 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.
Answers to Frequently asked questions concerning Marsden Building Society panel reinstatement
- What times frames are involved when applying to revert back onto the Marsden Building Society conveyancing panel?
- Can you outline the application procedures to be reinstated onto the Marsden Building Society conveyancing panel?
- What are the consequences if our Marsden Building Society panel reinstatement application is rejected and our client has a mortgage application with the Marsden Building Society?
- Is there a fee to be reinstated onto the Marsden Building Society conveyancing panel?
- Are you able to explain why our application for reinstatement is turned down?
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.