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 requirements
- Significant delays in post completion requirements on behalf of Marsden Building Society
- Non-compliance 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.
- Your law firm no longer meets the criteria to remain on the Marsden Building Society conveyancing panel
- Persistent 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.
Answers to Frequently asked questions concerning Marsden Building Society panel reinstatement
- What are our options if my firm’s reinstatement panel application with Marsden Building Society is rejected?
- How long does the application process take when applying to revert back onto the Marsden Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Marsden Building Society panel ?
- Can this firm act for Marsden Building Society while the application for reinstatement on the Marsden Building Society panel is being reviewed? How do I find out if our reinstatement application to the Marsden Building Society panel is accepted?
- Is there a charge 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.