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

  • Breaches of Marsden Building Society conveyancing panel Terms and Conditions
  • Your firm no longer meets the criteria to remain on the Marsden Building Society conveyancing panel
  • Significant non-compliance with post completion requirements on behalf of Marsden Building Society
  • Failure to reapply to remain on the Marsden Building Society convincing panel
  • Failure to act in accordance with the Marsden Building Society panel requirements, 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 subscribe.

FAQs : Marsden Building Society Conveyancing panel reinstatement

  • Does the COLP in my firm need to complete the reinstatement application to the Marsden Building Society panel ?
  • Is there a limit to the number of times my practice can submit applications to be reinstated on the Marsden Building Society conveyancing panel?
  • Can this firm act for Marsden Building Society while the application for reinstatement on the Marsden Building Society panel is being progressed? How do I know if our reinstatement application to the Marsden Building Society panel is accepted?
  • What happens if our Marsden Building Society panel reinstatement application is refused and our client has a mortgage application with the Marsden Building Society?
  • Please can you set out the application protocol 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 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 Marsden Building Society conveyancing panel.

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