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

  • Recurring 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.
  • Recurring delays in post completion requirements set by Monmouthshire Building Society
  • Breaches of Monmouthshire Building Society conveyancing panel requirements
  • Your firm no longer meets the criteria to remain on the Monmouthshire Building Society conveyancing panel
  • Monmouthshire Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.

Common questions about Monmouthshire Building Society conveyancing panel reinstatement

  • How long does the application process take when applying to revert back onto the Monmouthshire Building Society conveyancing panel?
  • Can we act for Monmouthshire Building Society while the application for reinstatement on the Monmouthshire Building Society panel is being reviewed? How do I discover if our reinstatement application to the Monmouthshire Building Society panel is approved?
  • Can we appeal if our application for reinstatement was declined?
  • Is there a cost to be reinstated 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 declined?

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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