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
- Significant non-compliance with post completion requirements on behalf of Marsden Building Society
- Breaches of Marsden Building Society conveyancing panel Terms and Conditions
- 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 adopt.
- Missing deadline to reapply to be on the Marsden Building Society convincing panel
Marsden Building Society panel reinstatement : questions that we get asked
- How often will this firm be required to re-apply to remain on the Marsden Building Society conveyancing panel?
- Am I restricted as to the amount of times my practice can apply to be reinstated on the Marsden Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Marsden Building Society panel ?
- How long does the application process take when applying to be reinstated onto the Marsden Building Society conveyancing panel?
- Can we act for Marsden Building Society while the application for reinstatement on the Marsden Building Society panel is being processed? How do I discover if our reinstatement application to the Marsden Building Society panel is accepted?
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.