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

  • Breaches of Monmouthshire Building Society conveyancing panel requirements
  • Recurring delays in post completion requirements on behalf of Monmouthshire Building Society
  • Persistent delays in registering security 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 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.
  • Failure to reapply to remain on the Monmouthshire Building Society convincing panel

Monmouthshire Building Society panel reinstatement : questions that we get asked

  • How do I discover why our application for reinstatement was declined?
  • Am I restricted as to the number of times my practice can submit applications to be reinstated on the Monmouthshire Building Society conveyancing panel?
  • Does my practice need to apply annually to remain on the Monmouthshire Building Society conveyancing panel?
  • What times frames are involved when applying to be reinstated onto the Monmouthshire Building Society conveyancing panel?
  • Is there a cost to revert back onto 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 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 Monmouthshire Building Society conveyancing panel.

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