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 give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Marsden Building Society may subsequently subscribe.
- Significant non-compliance with post completion requirements on behalf of Marsden Building Society
- Breaches of Marsden Building Society conveyancing panel Terms and Conditions
- Your law firm fails to meet the criteria to remain on the Marsden Building Society conveyancing panel
- Recurring delays in registering security 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.
Questions Marsden Building Society panel reinstatement firms ask us
- What are the consequences if our Marsden Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Marsden Building Society?
- Who should complete the reinstatement application to the Marsden Building Society panel ?
- Am I restricted as to the number of times my firm can submit applications to be reinstated on the Marsden Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Marsden Building Society conveyancing panel?
- Is there a cost to be reinstated 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.