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

  • Non-compliance with the Monmouthshire Building Society panel terms, the written instructions that Monmouthshire Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Monmouthshire Building Society may subsequently adopt.
  • Breaches of Monmouthshire Building Society conveyancing panel requirements
  • Your firm fails to meet the criteria to remain on the Monmouthshire Building Society conveyancing panel
  • Missing deadline to reapply to be on the Monmouthshire Building Society convincing panel
  • Significant 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.

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

  • Is there a cost to revert back onto the Monmouthshire Building Society conveyancing panel?
  • Who should complete the reinstatement application to the Monmouthshire Building Society panel ?
  • Can we appeal if my firm’s application for reinstatement was rejected?
  • Can you outline the application procedures to revert back onto the Monmouthshire Building Society conveyancing panel?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with Monmouthshire Building Society is rejected?

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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