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

  • Missing deadline to reapply to remain on the Marsden Building Society convincing panel
  • Your law firm fails to meet the criteria to remain on the Marsden Building Society conveyancing panel
  • Breaches of Marsden Building Society conveyancing panel requirements
  • Marsden Building Society may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
  • 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.

Answers to Frequently asked questions concerning Marsden Building Society panel reinstatement

  • Is there a charge to be reinstated onto the Marsden Building Society conveyancing panel?
  • What are the consequences if our Marsden Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Marsden Building Society?
  • Is there a limit to the number of occasions my firm 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 ?
  • What times frames are involved when applying 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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