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

  • Persistent delays in registering a charge on behalf of Monmouthshire Building Society Delays or failure to register the Monmouthshire Building Society charge may result in referral to external lawyers of Monmouthshire Building Society to complete outstanding requirements.
  • Breaches of Monmouthshire Building Society conveyancing panel requirements
  • Your law firm fails to meet the criteria to remain on the Monmouthshire Building Society conveyancing panel
  • Significant non-compliance with post completion requirements set by Monmouthshire Building Society
  • Missing deadline to reapply to be on the Monmouthshire Building Society convincing panel

Monmouthshire Building Society panel reinstatement : You have questions, we have answers

  • How long does the application process take when applying to revert back onto the Monmouthshire Building Society conveyancing panel?
  • Who should complete the reinstatement application to the Monmouthshire Building Society panel ?
  • What happens if our Monmouthshire Building Society panel reinstatement application is turned down and our client has a mortgage application with the Monmouthshire Building Society?
  • What are our options if my firm’s reinstatement panel submission with Monmouthshire Building Society is turned down?
  • Is there a limit to the amount of times my practice can apply to be reinstated on the Monmouthshire Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Monmouthshire Building Society panel reinstatement is to ensure that your firm is not removed off of the Monmouthshire 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 Monmouthshire Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Monmouthshire 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 Monmouthshire Building Society conveyancing panel.

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